1462 State Route 40 WStaffordsvilleKY41256
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
Investment property for sale in Staffordsville at 1462 State Route 40 W, Staffordsville, KY, 41256 uses $43,062 cash to close to unlock $4,706/yr annual cash flow and $392/mo monthly cash flow. Total monthly income runs $1,183/mo, and a $636/mo payment keeps the spread at $392/mo. Purchase price stands at $129,900, and rental yield measures 10.93% with $1,183/mo rent. Return on cash invested shows 30.84% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 161.42% and total cumulative return in cash records $69,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,183/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41256, Staffordsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 603 (67.1%) |
| Renter Occupied HU | 206 (22.9%) |
| Vacant Housing Units | 90 (10.0%) |
| Median Home Value | $255,282 |
| Average Home Value | $374,938 |
Housing Distribution
Address Breakdown
Residential
725
Single Family
725
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Preston • Redd, Brown & Williams Real Estate Services(Paint)
Mls Name: Eastern Kentucky AOR
Mls ID: #126317