228 Engleman StBardstownKY40004
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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 Bardstown at 228 Engleman St, Bardstown, KY, 40004 uses $66,300 cash to close to unlock $9,788/yr annual cash flow and $816/mo monthly cash flow. Total monthly income runs $2,033/mo, and a $979/mo payment keeps the spread at $816/mo. Purchase price stands at $200,000, and rental yield measures 12.2% with $2,033/mo rent. Return on cash invested shows 34.67% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 181.89% and total cumulative return in cash records $120,596. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,033/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.25 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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