128 Spring LnBurkesvilleKY42717
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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 Burkesville at 128 Spring Ln, Burkesville, KY, 42717 generates $1,789/mo in rent and, after a $1,233/mo payment, leaves $256/mo in cash flow. Total monthly income is $1,789/mo, and annual cash flow is $3,068/yr on $83,538 invested. Return on cash invested sits at 23.58% in year one, and rental yield is 8.52% on a $252,000 entry. Equity gained on principal adds $1,626/yr, while 5% annual appreciation builds toward $69,623 over five years. Five-year ROI reaches 122.4% and total cumulative return in cash sums $102,254. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,789/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42717, Burkesville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,578 (100%) |
| Owner Occupied HU | 2,061 (57.6%) |
| Renter Occupied HU | 664 (18.6%) |
| Vacant Housing Units | 853 (23.8%) |
| Median Home Value | $178,074 |
| Average Home Value | $203,655 |
Housing Distribution
Address Breakdown
Residential
3,103
Single Family
3,103
Multi-Family
0
Businesses
221
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Listed by: Liza Tucker • Southern Nest Realty, LLC
Mls Name: South Central Kentucky AOR
Mls Provider:
Mls ID: #SC46352