200 Rice AveRacelandKY41169
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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 Raceland at 200 Rice Ave, Raceland, KY, 41169 listed at $154,000 pairs $1,187/mo rent with a $754/mo payment to leave $249/mo cash flow. Total monthly income runs $1,187/mo, and annual cash flow reaches $2,994/yr on $51,051 cash to close. Return on cash invested measures 25.77% in year one, and rental yield registers 9.25% at a $154,000 basis. Equity gained on principal adds $994/yr, and annual property appreciation at 5% supports $42,547 by year five. Five-year ROI tracks 134.22% and total cumulative return in cash totals $68,522. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,187/mo property income relative to a $754/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41169, Russell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,519 (100%) |
| Owner Occupied HU | 1,681 (66.7%) |
| Renter Occupied HU | 577 (22.9%) |
| Vacant Housing Units | 261 (10.4%) |
| Median Home Value | $168,361 |
| Average Home Value | $184,164 |
Housing Distribution
Address Breakdown
Residential
2,478
Single Family
2,417
Multi-Family
61
Businesses
147
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Listed by: Madison Slone • Re/Max Realty Connection, Llc
Mls Name: AABR
Mls Provider:
Mls ID: #58437
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.