109 Central AveLeitchfieldKY42754
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
Rental property for sale in Leitchfield at 109 Central Ave, Leitchfield, KY, 42754 priced at $180,000 pairs $1,709/mo rent with $614/mo cash flow after a $881/mo payment. Total monthly income equals $1,709/mo, and annual cash flow comes to $7,362/yr on $59,670 invested. Return on cash invested is 32.25% in year one, and rental yield stands at 11.39% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 168.92% and total cumulative return in cash reaches $100,793. For financing, Ziffy Mortgage’s DSCR program evaluates $1,709/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42754, Leitchfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,578 (100%) |
| Owner Occupied HU | 4,560 (60.2%) |
| Renter Occupied HU | 1,838 (24.3%) |
| Vacant Housing Units | 1,180 (15.6%) |
| Median Home Value | $200,527 |
| Average Home Value | $235,996 |
Housing Distribution
Address Breakdown
Residential
7,047
Single Family
7,047
Multi-Family
0
Businesses
465
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Listed by: Hannah Pharis-Keown • Schuler Bauer Real Estate Services ERA Powered
Mls Name: GLARMLS
Mls ID: #1707732