1375 W Main StAuburnKY42206
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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 Auburn at 1375 W Main St, Auburn, KY, 42206 generates $1,082/mo in rent and, after a $661/mo payment, leaves $260/mo in cash flow. Total monthly income is $1,082/mo, and annual cash flow is $3,121/yr on $44,753 invested. Return on cash invested sits at 26.88% in year one, and rental yield is 9.62% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 140.24% and total cumulative return in cash sums $62,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,082/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42206, Auburn, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,535 (100%) |
| Owner Occupied HU | 1,778 (70.1%) |
| Renter Occupied HU | 578 (22.8%) |
| Vacant Housing Units | 179 ( 7.1%) |
| Median Home Value | $173,171 |
| Average Home Value | $208,715 |
Housing Distribution
Address Breakdown
Residential
2,319
Single Family
2,319
Multi-Family
0
Businesses
93
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Listed by: Adam R Haley • Haley Auctions and Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20253002
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.