1003 E Broad StCentral CityKY42330
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
Investment property for sale in Central City at 1003 E Broad St, Central City, KY, 42330 at $159,900 posts ROI 31.71% with $521/mo cash flow from $1,495/mo rent. Total monthly income equals $1,495/mo, and annual cash flow records $6,257/yr on $53,007 to close. Return on cash invested measures 31.71% and rental yield reads 11.22% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 166.07% and total cumulative return in cash totals $88,026.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,495/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1924
9,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42330, Central City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,988 (100%) |
| Owner Occupied HU | 2,487 (62.4%) |
| Renter Occupied HU | 1,072 (26.9%) |
| Vacant Housing Units | 429 (10.8%) |
| Median Home Value | $141,516 |
| Average Home Value | $184,295 |
Housing Distribution
Address Breakdown
Residential
3,680
Single Family
3,641
Multi-Family
39
Businesses
323
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Nearby investment properties with comparable prices
Listed by: Kevin Wright • Wright Choice of Kentucky Realty & Auction
Mls Name: My State MLS
Mls ID: #11225722