15718 Highway 522HiramKY40823
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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 Hiram at 15718 Highway 522, Hiram, KY, 40823 earns $371/mo cash flow from $1,496/mo rent with a $905/mo payment. Total monthly income totals $1,496/mo, and annual cash flow totals $4,446/yr on $61,328 capital. ROI tracks 27.16% on current figures, and rental yield reads 9.7% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 141.63% and total cumulative return in cash sums $86,859. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,496/mo property income instead of your personal income.
Single Family
Built in 1935
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40823, Cumberland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,125 (100%) |
| Owner Occupied HU | 1,129 (53.1%) |
| Renter Occupied HU | 615 (28.9%) |
| Vacant Housing Units | 381 (17.9%) |
| Median Home Value | $82,778 |
| Average Home Value | $123,638 |
Housing Distribution
Address Breakdown
Residential
1,422
Single Family
1,422
Multi-Family
0
Businesses
105
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Listed by: Phyllis Napier • Forever Home
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25013732
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.