2020 State Highway 1744BerryKY41003
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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 Berry at 2020 State Highway 1744, Berry, KY, 41003 generates $1,192/mo in rent, after a $1,174/mo payment. Total monthly income is $1,192/mo. Return on cash invested sits at 15.87% in year one, and rental yield is 5.96% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 81.1% and total cumulative return in cash sums $64,495. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,192/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41003, Berry, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,125 (100%) |
| Owner Occupied HU | 775 (68.9%) |
| Renter Occupied HU | 201 (17.9%) |
| Vacant Housing Units | 149 (13.2%) |
| Median Home Value | $201,667 |
| Average Home Value | $257,335 |
Housing Distribution
Address Breakdown
Residential
1,058
Single Family
1,057
Multi-Family
1
Businesses
16
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