137 McMullin AveFlemingsburgKY41041
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 Flemingsburg at 137 McMullin Ave, Flemingsburg, KY, 41041 generates $1,242/mo in rent and, after a $832/mo payment, leaves $208/mo in cash flow. Total monthly income is $1,242/mo, and annual cash flow is $2,490/yr on $56,322 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 8.77% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 126.43% and total cumulative return in cash sums $71,210. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,242/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41041, Flemingsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,368 (100%) |
| Owner Occupied HU | 2,213 (65.7%) |
| Renter Occupied HU | 807 (24.0%) |
| Vacant Housing Units | 348 (10.3%) |
| Median Home Value | $151,359 |
| Average Home Value | $196,042 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,201
Multi-Family
12
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Bowling • 606 Real Estate & Auctions
Mls Name: Buffalo Trace MLS
Mls ID: #43474
Disclaimer: Copyright Buffalo Trace Multi List Service. All rights reserved. Information is deemed reliable but not guaranteed.