1582 Balltown RdBardstownKY40004
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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 Bardstown at 1582 Balltown Rd, Bardstown, KY, 40004 offers $2,563/mo rent that, after a $2,349/mo payment. Total monthly income is $2,563/mo. Return on cash invested measures 17.21% in year one, and rental yield stands at 6.41% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 88.26% and total cumulative return in cash reaches $140,409. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,563/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
5.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40004, Bardstown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,739 (100%) |
| Owner Occupied HU | 9,517 (69.3%) |
| Renter Occupied HU | 3,441 (25.0%) |
| Vacant Housing Units | 781 ( 5.7%) |
| Median Home Value | $246,700 |
| Average Home Value | $272,585 |
Housing Distribution
Address Breakdown
Residential
13,173
Single Family
13,129
Multi-Family
44
Businesses
1,134
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Listed by: Ted Bray • Kentucky Choice Realty
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24003070
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.