1924 State Highway 3245BrodheadKY40409
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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 Brodhead at 1924 State Highway 3245, Brodhead, KY, 40409 uses $56,322 cash to close to unlock $3,018/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $1,286/mo, and a $832/mo payment keeps the spread at $252/mo. Purchase price stands at $169,900, and rental yield measures 9.08% with $1,286/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 131.5% and total cumulative return in cash records $74,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,286/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in N/A
17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40409, Brodhead, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,717 (100%) |
| Owner Occupied HU | 1,140 (66.4%) |
| Renter Occupied HU | 403 (23.5%) |
| Vacant Housing Units | 174 (10.1%) |
| Median Home Value | $157,398 |
| Average Home Value | $213,336 |
Housing Distribution
Address Breakdown
Residential
1,521
Single Family
1,521
Multi-Family
0
Businesses
47
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Listed by: Kenzi Smith • Lifstyl Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25016976
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.