209 Fairlane DrMayfieldKY42066
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mayfield at 209 Fairlane Dr, Mayfield, KY, 42066 generates $1,891/mo in rent and, after a $900/mo payment, leaves $772/mo in cash flow. Total monthly income is $1,891/mo, and annual cash flow is $9,262/yr on $60,963 invested. Return on cash invested sits at 35.1% in year one, and rental yield is 12.34% on a $183,900 entry. Equity gained on principal adds $1,187/yr, while 5% annual appreciation builds toward $50,808 over five years. Five-year ROI reaches 184.19% and total cumulative return in cash sums $112,289. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,891/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42066, Mayfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,333 (100%) |
| Owner Occupied HU | 6,369 (61.6%) |
| Renter Occupied HU | 2,866 (27.7%) |
| Vacant Housing Units | 1,098 (10.6%) |
| Median Home Value | $154,990 |
| Average Home Value | $192,095 |
Housing Distribution
Address Breakdown
Residential
9,666
Single Family
9,609
Multi-Family
57
Businesses
783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Hargrove • Barger Realty
Mls Name: WKRMLS
Mls ID: #132261
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.