708 Sloane BrFlatgapKY41219
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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 Flatgap at 708 Sloane Br, Flatgap, KY, 41219 priced at $199,000 pairs $1,193/mo rent with after a $974/mo payment. Total monthly income equals $1,193/mo. Return on cash invested is 19.58% in year one, and rental yield stands at 7.19% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 100.95% and total cumulative return in cash reaches $66,594. For financing, Ziffy Mortgage’s DSCR program evaluates $1,193/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41219, Flatgap, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 882 (100%) |
| Owner Occupied HU | 643 (72.9%) |
| Renter Occupied HU | 132 (15.0%) |
| Vacant Housing Units | 107 (12.1%) |
| Median Home Value | $118,339 |
| Average Home Value | $136,198 |
Housing Distribution
Address Breakdown
Residential
837
Single Family
837
Multi-Family
0
Businesses
9
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Listed by: Priscella Amburgey • Re/Max Legacy Group-Paintsville
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #124991
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.