103 Richardson StMidwayKY40347
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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 Midway at 103 Richardson St, Midway, KY, 40347 priced at $239,900 pairs $1,774/mo rent with $314/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,774/mo, and annual cash flow comes to $3,769/yr on $79,527 invested. Return on cash invested is 24.65% in year one, and rental yield stands at 8.87% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 128.18% and total cumulative return in cash reaches $101,935. For financing, Ziffy Mortgage’s DSCR program evaluates $1,774/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
10,106 sqft lot
$N/A/sqft
No HOA
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Listed by: Raegen Cox-Lowe • Coldwell Banker Mcmahan
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012741
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.