101 Cherry StCaneyvilleKY42721
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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
Rental property for sale in Caneyville at 101 Cherry St, Caneyville, KY, 42721 priced at $114,900 converts $906/mo rent into $207/mo cash flow after a $562/mo obligation. Total monthly income equals $906/mo, and annual cash flow totals $2,485/yr on $38,089 invested. Return on cash invested prints 26.43% in year one, and rental yield reads 9.46% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 137.84% and total cumulative return in cash sums $52,502. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $906/mo property income covering a $562/mo payment, not borrower’s personal income.
Single Family
Built in 1965
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42721, Caneyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,702 (100%) |
| Owner Occupied HU | 1,154 (67.8%) |
| Renter Occupied HU | 295 (17.3%) |
| Vacant Housing Units | 253 (14.9%) |
| Median Home Value | $172,951 |
| Average Home Value | $244,270 |
Housing Distribution
Address Breakdown
Residential
1,554
Single Family
1,554
Multi-Family
0
Businesses
61
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Listed by: Virginia Lee Paine • Semonin REALTORS
Mls Name: GLARMLS
Mls ID: #1695499