137 S Main StNew HavenKY40051
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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
Investment property for sale in New Haven at 137 S Main St, New Haven, KY, 40051 listed at $265,000 pairs $1,540/mo rent with a $1,297/mo payment. Total monthly income runs $1,540/mo. Return on cash invested measures 18.91% in year one, and rental yield registers 6.97% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 97.41% and total cumulative return in cash totals $85,575. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,540/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in N/A
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40051, New Haven, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,045 (100%) |
| Owner Occupied HU | 1,501 (73.4%) |
| Renter Occupied HU | 369 (18.0%) |
| Vacant Housing Units | 175 ( 8.6%) |
| Median Home Value | $237,238 |
| Average Home Value | $262,980 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
55
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Listed by: Dennis Rust • Goldmark Realtors
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1651631
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