8597 W Highway 221Stoney ForkKY40988
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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 Stoney Fork at 8597 W Highway 221, Stoney Fork, KY, 40988 listed at $192,000 pairs $1,976/mo rent with a $940/mo payment to leave $807/mo cash flow. Total monthly income runs $1,976/mo, and annual cash flow reaches $9,686/yr on $63,648 cash to close. Return on cash invested measures 35.13% in year one, and rental yield registers 12.35% at a $192,000 basis. Equity gained on principal adds $1,239/yr, and annual property appreciation at 5% supports $53,046 by year five. Five-year ROI tracks 184.4% and total cumulative return in cash totals $117,364. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,976/mo property income relative to a $940/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40988, Stoney Fork, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 229 (100%) |
| Owner Occupied HU | 145 (63.3%) |
| Renter Occupied HU | 41 (17.9%) |
| Vacant Housing Units | 43 (18.8%) |
| Median Home Value | $77,500 |
| Average Home Value | $187,448 |
Housing Distribution
Address Breakdown
Residential
218
Single Family
218
Multi-Family
0
Businesses
10
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Listed by: Kevin Bisceglia • Coldwell Banker Bisceglia Realty & Auction Co
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24000080
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.