872 Bastin Creek RdKings MountainKY40442
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
Rental property for sale in Kings Mountain at 872 Bastin Creek Rd, Kings Mountain, KY, 40442 priced at $649,900 converts $2,304/mo rent into after a $3,181/mo obligation. Total monthly income equals $2,304/mo. Return on cash invested prints 10.79% in year one, and rental yield reads 4.25% against a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,555 by year five. Five-year ROI reaches 53.79% and total cumulative return in cash sums $115,002. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,304/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 2001
68.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40442, Kings Mountain, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 392 (67.5%) |
| Renter Occupied HU | 93 (16.0%) |
| Vacant Housing Units | 96 (16.5%) |
| Median Home Value | $129,167 |
| Average Home Value | $157,494 |
Housing Distribution
Address Breakdown
Residential
490
Single Family
490
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Fouch • Keller Williams Commonwealth - Somerset
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25505548
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.