7051 Millard HwyPikevilleKY41501
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 Pikeville at 7051 Millard Hwy, Pikeville, KY, 41501 listed at $170,000 pairs $1,366/mo rent with a $832/mo payment to leave $331/mo cash flow. Total monthly income runs $1,366/mo, and annual cash flow reaches $3,977/yr on $56,355 cash to close. Return on cash invested measures 26.97% in year one, and rental yield registers 9.64% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 140.62% and total cumulative return in cash totals $79,245. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,366/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41501, Pikeville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,752 (100%) |
| Owner Occupied HU | 5,995 (55.8%) |
| Renter Occupied HU | 3,332 (31.0%) |
| Vacant Housing Units | 1,425 (13.3%) |
| Median Home Value | $193,211 |
| Average Home Value | $239,119 |
Housing Distribution
Address Breakdown
Residential
9,988
Single Family
9,497
Multi-Family
491
Businesses
969
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ericka Ray • Re/Max Legacy Group
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #126565
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.