9783 State Route 1428MartinKY41649
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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 Martin at 9783 State Route 1428, Martin, KY, 41649 uses $49,725 cash to close to unlock $6,243/yr annual cash flow and $520/mo monthly cash flow. Total monthly income runs $1,433/mo, and a $734/mo payment keeps the spread at $520/mo. Purchase price stands at $150,000, and rental yield measures 11.46% with $1,433/mo rent. Return on cash invested shows 32.46% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 170.1% and total cumulative return in cash records $84,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,433/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 9999
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41649, Martin, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,166 (100%) |
| Owner Occupied HU | 658 (56.4%) |
| Renter Occupied HU | 334 (28.6%) |
| Vacant Housing Units | 174 (14.9%) |
| Median Home Value | $95,000 |
| Average Home Value | $146,843 |
Housing Distribution
Address Breakdown
Residential
930
Single Family
930
Multi-Family
0
Businesses
76
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Listed by: Matthew J. Reffett • Re/Max Legacy Group-Paintsville
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #122467
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.