107 Independence AveBardstownKY40004
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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 Bardstown at 107 Independence Ave, Bardstown, KY, 40004 priced at $227,900 converts $1,804/mo rent into $417/mo cash flow after a $1,115/mo obligation. Total monthly income equals $1,804/mo, and annual cash flow totals $5,009/yr on $75,549 invested. Return on cash invested prints 26.54% in year one, and rental yield reads 9.5% against a $227,900 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation compiles into $62,965 by year five. Five-year ROI reaches 138.28% and total cumulative return in cash sums $104,467. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,804/mo property income covering a $1,115/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40004, Bardstown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,739 (100%) |
| Owner Occupied HU | 9,517 (69.3%) |
| Renter Occupied HU | 3,441 (25.0%) |
| Vacant Housing Units | 781 ( 5.7%) |
| Median Home Value | $246,700 |
| Average Home Value | $272,585 |
Housing Distribution
Address Breakdown
Residential
13,173
Single Family
13,129
Multi-Family
44
Businesses
1,134
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