123 S Highland AvePrincetonKY42445
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 Princeton at 123 S Highland Ave, Princeton, KY, 42445 priced at $189,000 pairs $1,496/mo rent with $346/mo cash flow after a $925/mo payment. Total monthly income equals $1,496/mo, and annual cash flow comes to $4,149/yr on $62,654 invested. Return on cash invested is 26.53% in year one, and rental yield stands at 9.5% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 138.24% and total cumulative return in cash reaches $86,614. For financing, Ziffy Mortgage’s DSCR program evaluates $1,496/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42445, Princeton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,287 (100%) |
| Owner Occupied HU | 3,373 (63.8%) |
| Renter Occupied HU | 1,243 (23.5%) |
| Vacant Housing Units | 671 (12.7%) |
| Median Home Value | $128,871 |
| Average Home Value | $177,973 |
Housing Distribution
Address Breakdown
Residential
4,812
Single Family
4,733
Multi-Family
79
Businesses
409
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Listed by: Sherry Thomas • Keller Williams Experience Realty Eddyville Branch
Mls Name: WKRMLS
Mls ID: #132098
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.