118 Hardin Springs RdBig CliftyKY42712
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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
Investment property for sale in Big Clifty at 118 Hardin Springs Rd, Big Clifty, KY, 42712 offers a 7.67% rental yield on a $169,900 purchase with $1,086/mo rent. Total monthly income registers $1,086/mo, and a $832/mo payment leaves $52/mo available for distribution. Annual cash flow reaches $618/yr on $56,322 to close, and return on cash invested stands at 21.01% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 108.62% and total cumulative return in cash at $61,178. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,086/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42712, Big Clifty, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 826 (100%) |
| Owner Occupied HU | 602 (72.9%) |
| Renter Occupied HU | 111 (13.4%) |
| Vacant Housing Units | 113 (13.7%) |
| Median Home Value | $172,180 |
| Average Home Value | $206,478 |
Housing Distribution
Address Breakdown
Residential
858
Single Family
858
Multi-Family
0
Businesses
27
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Listed by: Larry Wells • Citizens Realty Company
Mls Name: GLARMLS
Mls ID: #1706274