111 Hyde RdEvartsKY40828
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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 Evarts at 111 Hyde Rd, Evarts, KY, 40828 generates $1,260/mo in rent and, after a $783/mo payment, leaves $286/mo in cash flow. Total monthly income is $1,260/mo, and annual cash flow is $3,436/yr on $53,040 invested. Return on cash invested sits at 26.39% in year one, and rental yield is 9.45% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 137.51% and total cumulative return in cash sums $72,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,260/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
1 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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