108 Ricedale CirDrakesboroKY42337
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
Investment property for sale in Drakesboro at 108 Ricedale Cir, Drakesboro, KY, 42337 with 5% annual appreciation on a $136,900 basis while $1,042/mo rent supports operations. Total monthly income totals $1,042/mo and a $670/mo payment preserves $209/mo for cash returns. Annual cash flow comes to $2,506/yr on $45,382 deployed, and return on cash invested reaches 25.43% in year one. Equity gained on principal adds $883/yr, and five-year appreciation sums $37,823 alongside rental yield of 9.13%. Five-year ROI measures 132.31% and total cumulative return in cash totals $60,045.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,042/mo property income versus a $670/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42337, Drakesboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 801 (100%) |
| Owner Occupied HU | 538 (67.2%) |
| Renter Occupied HU | 121 (15.1%) |
| Vacant Housing Units | 142 (17.7%) |
| Median Home Value | $98,511 |
| Average Home Value | $172,258 |
Housing Distribution
Address Breakdown
Residential
642
Single Family
642
Multi-Family
0
Businesses
21
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Listed by: Kevin Wright • Wright Choice of Kentucky Realty & Auction
Mls Name: My State MLS
Mls ID: #11537383