8529 Highway 587BeattyvilleKY41311
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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 Beattyville at 8529 Highway 587, Beattyville, KY, 41311 generates $1,177/mo in rent, after a $1,561/mo payment. Total monthly income is $1,177/mo. Return on cash invested sits at 11.24% in year one, and rental yield is 4.43% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 56.21% and total cumulative return in cash sums $59,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,177/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
17.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41311, Beattyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,885 (100%) |
| Owner Occupied HU | 1,766 (61.2%) |
| Renter Occupied HU | 659 (22.8%) |
| Vacant Housing Units | 460 (15.9%) |
| Median Home Value | $84,618 |
| Average Home Value | $98,218 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
170
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Listed by: James Woolery • Joyce Marcum Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #23020242
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.