1779 State Highway 11 NBoonevilleKY41314
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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 Booneville at 1779 State Highway 11 N, Booneville, KY, 41314 generates $1,588/mo in rent and, after a $580/mo payment, leaves $867/mo in cash flow. Total monthly income is $1,588/mo, and annual cash flow is $10,400/yr on $39,316 invested. Return on cash invested sits at 46.36% in year one, and rental yield is 16.07% on a $118,600 entry. Equity gained on principal adds $765/yr, while 5% annual appreciation builds toward $32,767 over five years. Five-year ROI reaches 244.6% and total cumulative return in cash sums $96,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,588/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41314, Booneville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,195 (62.0%) |
| Renter Occupied HU | 453 (23.5%) |
| Vacant Housing Units | 280 (14.5%) |
| Median Home Value | $95,391 |
| Average Home Value | $122,151 |
Housing Distribution
Address Breakdown
Residential
1,490
Single Family
1,466
Multi-Family
24
Businesses
99
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