7914 State Route 120 ENeboKY42441
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 Nebo at 7914 State Route 120 E, Nebo, KY, 42441 offers a 7.7% rental yield on a $189,900 purchase with $1,219/mo rent. Total monthly income registers $1,219/mo, and a $929/mo payment leaves $64/mo available for distribution. Annual cash flow reaches $764/yr on $62,952 to close, and return on cash invested stands at 21.12% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 109.25% and total cumulative return in cash at $68,777. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,219/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2010
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42441, Nebo, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 606 (100%) |
| Owner Occupied HU | 429 (70.8%) |
| Renter Occupied HU | 101 (16.7%) |
| Vacant Housing Units | 76 (12.5%) |
| Median Home Value | $165,057 |
| Average Home Value | $187,249 |
Housing Distribution
Address Breakdown
Residential
571
Single Family
571
Multi-Family
0
Businesses
16
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