1540 Happy Top RdClay CityKY40312
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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 Clay City at 1540 Happy Top Rd, Clay City, KY, 40312 earns $226/mo cash flow from $2,356/mo rent with a $1,713/mo payment. Total monthly income totals $2,356/mo, and annual cash flow totals $2,711/yr on $116,025 capital. ROI tracks 22.25% on current figures, and rental yield reads 8.08% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 115.23% and total cumulative return in cash sums $133,694. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,356/mo property income instead of your personal income.
Single Family
Built in 1980
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40312, Clay City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,577 (100%) |
| Owner Occupied HU | 1,670 (64.8%) |
| Renter Occupied HU | 644 (25.0%) |
| Vacant Housing Units | 263 (10.2%) |
| Median Home Value | $178,030 |
| Average Home Value | $208,909 |
Housing Distribution
Address Breakdown
Residential
2,313
Single Family
2,313
Multi-Family
0
Businesses
109
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Listed by: Veronica Norwood • Rector Hayden Realtors
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24025097
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.