202 Spencer StBurkesvilleKY42717
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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 Burkesville at 202 Spencer St, Burkesville, KY, 42717 with 5% annual appreciation on a $179,000 basis while $1,321/mo rent supports operations. Total monthly income totals $1,321/mo and a $876/mo payment preserves $232/mo for cash returns. Annual cash flow comes to $2,780/yr on $59,339 deployed, and return on cash invested reaches 24.59% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 8.86%. Five-year ROI measures 127.85% and total cumulative return in cash totals $75,867.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,321/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42717, Burkesville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,578 (100%) |
| Owner Occupied HU | 2,061 (57.6%) |
| Renter Occupied HU | 664 (18.6%) |
| Vacant Housing Units | 853 (23.8%) |
| Median Home Value | $178,074 |
| Average Home Value | $203,655 |
Housing Distribution
Address Breakdown
Residential
3,103
Single Family
3,103
Multi-Family
0
Businesses
221
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Listed by: Sherri J Butler • McIver Realty Group
Mls Name: My State MLS
Mls ID: #11607657