1324 High Ridge RdMiddleburgKY42541
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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 Middleburg at 1324 High Ridge Rd, Middleburg, KY, 42541 generates $2,759/mo in rent, after a $3,255/mo payment. Total monthly income is $2,759/mo. Return on cash invested sits at 12.99% in year one, and rental yield is 4.98% on a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 65.6% and total cumulative return in cash sums $143,515. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,759/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
34.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42541, Middleburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 278 (100%) |
| Owner Occupied HU | 178 (64.0%) |
| Renter Occupied HU | 41 (14.7%) |
| Vacant Housing Units | 59 (21.2%) |
| Median Home Value | $90,000 |
| Average Home Value | $131,376 |
Housing Distribution
Address Breakdown
Residential
237
Single Family
237
Multi-Family
0
Businesses
6
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Listed by: Matt Murphy • United Country Re/Cntry Living Spec Inc
Mls Name: My State MLS
Mls ID: #11608172