6403 Spurlock CrkPrestonsburgKY41653
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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
Rental property for sale in Prestonsburg at 6403 Spurlock Crk, Prestonsburg, KY, 41653 generates $840/mo in rent, after a $1,933/mo payment. Total monthly income is $840/mo. Return on cash invested sits at 5.58% in year one, and rental yield is 2.55% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 25.88% and total cumulative return in cash sums $33,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $840/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.29 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: Westley Hunt • Re/Max Freedom
Mls Name: Eastern Kentucky AOR
Mls ID: #126779