638 State Route 80PrestonsburgKY41653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Prestonsburg at 638 State Route 80, Prestonsburg, KY, 41653 offers a 3.54% rental yield on a $285,000 purchase with $840/mo rent. 55% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 41.79% and total cumulative return in cash at $39,486. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41653, Prestonsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,513 (100%) |
| Owner Occupied HU | 3,282 (59.5%) |
| Renter Occupied HU | 1,595 (28.9%) |
| Vacant Housing Units | 636 (11.5%) |
| Median Home Value | $138,043 |
| Average Home Value | $177,093 |
Housing Distribution
Address Breakdown
Residential
4,958
Single Family
4,878
Multi-Family
80
Businesses
654
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Listed by: Donna Maynard • Re/Max Legacy Group-Paintsville
Mls Name: Eastern Kentucky AOR
Mls ID: #125242