78 Hoover RdJamestownKY42629
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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 Jamestown at 78 Hoover Rd, Jamestown, KY, 42629 generates $2,844/mo in rent and, after a $1,859/mo payment, leaves $532/mo in cash flow. Total monthly income is $2,844/mo, and annual cash flow is $6,387/yr on $125,937 invested. Return on cash invested sits at 24.98% in year one, and rental yield is 8.98% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 129.94% and total cumulative return in cash sums $163,637. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,844/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
2.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42629, Jamestown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 1,576 (50.2%) |
| Renter Occupied HU | 532 (17.0%) |
| Vacant Housing Units | 1,030 (32.8%) |
| Median Home Value | $215,183 |
| Average Home Value | $266,413 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,240
Multi-Family
40
Businesses
167
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