716 Wesley LnSmithlandKY42081
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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 Smithland at 716 Wesley Ln, Smithland, KY, 42081 priced at $399,900 converts $1,753/mo rent into after a $1,957/mo obligation. Total monthly income equals $1,753/mo. Return on cash invested prints 13.75% in year one, and rental yield reads 5.26% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 69.69% and total cumulative return in cash sums $92,384. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,753/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 2000
11.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42081, Smithland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 676 (66.9%) |
| Renter Occupied HU | 144 (14.2%) |
| Vacant Housing Units | 191 (18.9%) |
| Median Home Value | $138,710 |
| Average Home Value | $229,589 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
875
Multi-Family
12
Businesses
56
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Listed by: Joshua Tracy • The Jeter Group
Mls Name: WKRMLS
Mls ID: #133592
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.