993 State Highway 60 WSmithlandKY42081
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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 Smithland at 993 State Highway 60 W, Smithland, KY, 42081 listed at $310,000 pairs $0/mo rent with a $1,517/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.12% in year one, and rental yield registers 0% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
2.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42081, Smithland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 676 (66.9%) |
| Renter Occupied HU | 144 (14.2%) |
| Vacant Housing Units | 191 (18.9%) |
| Median Home Value | $138,710 |
| Average Home Value | $229,589 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
875
Multi-Family
12
Businesses
56
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jessica Housman • Housman Partners Real Estate
Mls Name: WKRMLS
Mls ID: #133580
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.