116 Cave StHorse CaveKY42749
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 Horse Cave at 116 Cave St, Horse Cave, KY, 42749 offers $1,154/mo rent that, after a $734/mo payment, leaves $241/mo cash flow. Total monthly income is $1,154/mo, and annual cash flow is $2,895/yr on $49,725 cash. Return on cash invested measures 25.73% in year one, and rental yield stands at 9.23% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 133.97% and total cumulative return in cash reaches $66,618. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,154/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42749, Horse Cave, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,652 (100%) |
| Owner Occupied HU | 1,550 (58.4%) |
| Renter Occupied HU | 721 (27.2%) |
| Vacant Housing Units | 381 (14.4%) |
| Median Home Value | $154,915 |
| Average Home Value | $189,050 |
Housing Distribution
Address Breakdown
Residential
2,428
Single Family
2,368
Multi-Family
60
Businesses
165
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Listed by: Rylan W Shea • Crye-Leike Executive Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20255268
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.