1128 State Highway 138RumseyKY42371
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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 Rumsey at 1128 State Highway 138, Rumsey, KY, 42371 uses $58,676 cash to close to unlock $2,917/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,320/mo, and a $866/mo payment keeps the spread at $243/mo. Purchase price stands at $177,000, and rental yield measures 8.95% with $1,320/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $48,902 over five years. Five-year ROI reaches 129.46% and total cumulative return in cash records $75,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $866/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42371, Rumsey, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 179 (73.1%) |
| Renter Occupied HU | 41 (16.7%) |
| Vacant Housing Units | 25 (10.2%) |
| Median Home Value | $144,531 |
| Average Home Value | $174,609 |
Housing Distribution
Address Breakdown
Residential
221
Single Family
221
Multi-Family
0
Businesses
5
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