10752 Highway 38Short TownKY40828
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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
Investment property for sale in Short Town at 10752 Highway 38, Short Town, KY, 40828 earns $449/mo cash flow from $1,210/mo rent with a $612/mo payment. Total monthly income totals $1,210/mo, and annual cash flow totals $5,388/yr on $41,438 capital. ROI tracks 32.91% on current figures, and rental yield reads 11.62% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 172.58% and total cumulative return in cash sums $71,513. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,210/mo property income instead of your personal income.
Single Family
Built in 1990
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40828, Evarts, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,847 (100%) |
| Owner Occupied HU | 1,233 (66.8%) |
| Renter Occupied HU | 378 (20.5%) |
| Vacant Housing Units | 236 (12.8%) |
| Median Home Value | $74,188 |
| Average Home Value | $103,800 |
Housing Distribution
Address Breakdown
Residential
995
Single Family
995
Multi-Family
0
Businesses
48
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Listed by: Janice F Napier • Mountain View Realty, Inc.
Mls Name: Imagine MLS
Mls ID: #25017037