168 Damascus WayMunfordvilleKY42765
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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 Munfordville at 168 Damascus Way, Munfordville, KY, 42765 uses $89,505 cash to close to unlock $1,851/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $1,322/mo payment keeps the spread at $154/mo. Purchase price stands at $270,000, and rental yield measures 7.99% with $1,798/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 113.83% and total cumulative return in cash records $101,881. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 2008
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42765, Munfordville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,602 (100%) |
| Owner Occupied HU | 1,598 (61.4%) |
| Renter Occupied HU | 632 (24.3%) |
| Vacant Housing Units | 372 (14.3%) |
| Median Home Value | $178,512 |
| Average Home Value | $218,889 |
Housing Distribution
Address Breakdown
Residential
2,386
Single Family
2,386
Multi-Family
0
Businesses
207
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Listed by: Timothy Sexton • TURLEY AUCTION & REALTY INC.
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24003339
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.