202 W Back StMunfordvilleKY42765
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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 202 W Back St, Munfordville, KY, 42765 uses $64,626 cash to close to unlock $6,560/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $1,733/mo, and a $954/mo payment keeps the spread at $547/mo. Purchase price stands at $194,950, and rental yield measures 10.67% with $1,733/mo rent. Return on cash invested shows 30.06% in year one, and 5% annual appreciation builds toward $53,861 over five years. Five-year ROI reaches 157.15% and total cumulative return in cash records $101,562. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,733/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.36 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: Alicia Mcclure • Legacy Property Group
Mls Name: South Central Kentucky AOR
Mls Provider:
Mls ID: #SC46520