140 Barnett Loop RdWhite PlainsKY42464
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 White Plains at 140 Barnett Loop Rd, White Plains, KY, 42464 offers $1,537/mo rent that, after a $783/mo payment, leaves $563/mo cash flow. Total monthly income is $1,537/mo, and annual cash flow is $6,761/yr on $53,007 cash. Return on cash invested measures 32.66% in year one, and rental yield stands at 11.53% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 171.16% and total cumulative return in cash reaches $90,726. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,537/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42464, White Plains, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 778 (100%) |
| Owner Occupied HU | 606 (77.9%) |
| Renter Occupied HU | 101 (13.0%) |
| Vacant Housing Units | 71 ( 9.1%) |
| Median Home Value | $123,387 |
| Average Home Value | $151,366 |
Housing Distribution
Address Breakdown
Residential
714
Single Family
714
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roger Peyton • New Horizons Realty
Mls Name: MHCBOR
Mls ID: #116338
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.