1006 Broadway StCave CityKY42127
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 Cave City at 1006 Broadway St, Cave City, KY, 42127 offers $1,996/mo rent that, after a $881/mo payment, leaves $901/mo cash flow. Total monthly income is $1,996/mo, and annual cash flow is $10,807/yr on $59,637 cash. Return on cash invested measures 38.03% in year one, and rental yield stands at 13.31% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 199.91% and total cumulative return in cash reaches $119,217. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,996/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42127, Cave City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,920 (100%) |
| Owner Occupied HU | 1,644 (56.3%) |
| Renter Occupied HU | 996 (34.1%) |
| Vacant Housing Units | 280 ( 9.6%) |
| Median Home Value | $174,629 |
| Average Home Value | $220,143 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,745
Multi-Family
0
Businesses
196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John P Hishmeh • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20245775
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.