1370 State Route 131MayfieldKY42066
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 Mayfield at 1370 State Route 131, Mayfield, KY, 42066 generates $1,918/mo in rent and, after a $1,201/mo payment, leaves $425/mo in cash flow. Total monthly income is $1,918/mo, and annual cash flow is $5,095/yr on $81,350 invested. Return on cash invested sits at 26.17% in year one, and rental yield is 9.38% on a $245,400 entry. Equity gained on principal adds $1,584/yr, while 5% annual appreciation builds toward $67,800 over five years. Five-year ROI reaches 136.32% and total cumulative return in cash sums $110,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,918/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
2.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42066, Mayfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,333 (100%) |
| Owner Occupied HU | 6,369 (61.6%) |
| Renter Occupied HU | 2,866 (27.7%) |
| Vacant Housing Units | 1,098 (10.6%) |
| Median Home Value | $154,990 |
| Average Home Value | $192,095 |
Housing Distribution
Address Breakdown
Residential
9,666
Single Family
9,609
Multi-Family
57
Businesses
783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices