2232 N Main StHazardKY41701
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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 Hazard at 2232 N Main St, Hazard, KY, 41701 generates $921/mo in rent and, after a $582/mo payment, leaves $197/mo in cash flow. Total monthly income is $921/mo, and annual cash flow is $2,366/yr on $39,449 invested. Return on cash invested sits at 25.91% in year one, and rental yield is 9.29% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 134.98% and total cumulative return in cash sums $53,249. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $921/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41701, Hazard, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,242 (100%) |
| Owner Occupied HU | 4,247 (58.6%) |
| Renter Occupied HU | 2,109 (29.1%) |
| Vacant Housing Units | 886 (12.2%) |
| Median Home Value | $114,824 |
| Average Home Value | $166,979 |
Housing Distribution
Address Breakdown
Residential
6,084
Single Family
5,930
Multi-Family
154
Businesses
627
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