113 Madison AveBardstownKY40004
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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 Bardstown at 113 Madison Ave, Bardstown, KY, 40004 offers $1,900/mo rent that, after a $1,317/mo payment, leaves $262/mo cash flow. Total monthly income is $1,900/mo, and annual cash flow is $3,149/yr on $89,174 cash. Return on cash invested measures 23.44% in year one, and rental yield stands at 8.48% at a $269,000 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,320 by year five. Five-year ROI records 121.66% and total cumulative return in cash reaches $108,491. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,900/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40004, Bardstown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,739 (100%) |
| Owner Occupied HU | 9,517 (69.3%) |
| Renter Occupied HU | 3,441 (25.0%) |
| Vacant Housing Units | 781 ( 5.7%) |
| Median Home Value | $246,700 |
| Average Home Value | $272,585 |
Housing Distribution
Address Breakdown
Residential
13,173
Single Family
13,129
Multi-Family
44
Businesses
1,134
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Listed by: Lenee W Peach • Keller Williams Bluegrass Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009713
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.