215 Marks LnBardstownKY40004
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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 Bardstown at 215 Marks Ln, Bardstown, KY, 40004 priced at $358,800 pairs $2,413/mo rent with $229/mo cash flow after a $1,756/mo payment. Total monthly income equals $2,413/mo, and annual cash flow comes to $2,753/yr on $118,942 invested. Return on cash invested is 22.22% in year one, and rental yield stands at 8.07% on a $358,800 basis. Equity gained on principal adds $2,315/yr, and 5% annual appreciation accumulates to $99,130 by year five. Five-year ROI measures 115.13% and total cumulative return in cash reaches $136,937. For financing, Ziffy Mortgage’s DSCR program evaluates $2,413/mo property income against a $1,756/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40004, Bardstown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,739 (100%) |
| Owner Occupied HU | 9,517 (69.3%) |
| Renter Occupied HU | 3,441 (25.0%) |
| Vacant Housing Units | 781 ( 5.7%) |
| Median Home Value | $246,700 |
| Average Home Value | $272,585 |
Housing Distribution
Address Breakdown
Residential
13,173
Single Family
13,129
Multi-Family
44
Businesses
1,134
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Listed by: Joshua Jarboe • RE/MAX Empire
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1690910
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