771 Wells 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
Investment property for sale in Smithland at 771 Wells Ln, Smithland, KY, 42081 uses $82,046 cash to close to unlock $2,473/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $1,712/mo, and a $1,211/mo payment keeps the spread at $206/mo. Purchase price stands at $247,500, and rental yield measures 8.3% with $1,712/mo rent. Return on cash invested shows 22.92% in year one, and 5% annual appreciation builds toward $68,380 over five years. Five-year ROI reaches 118.93% and total cumulative return in cash records $97,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,712/mo property income covering a $1,211/mo payment rather than investor’s personal income.
Single Family
Built in 1983
3 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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