230 Stephen Trace RdBarbourvilleKY40906
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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 Barbourville at 230 Stephen Trace Rd, Barbourville, KY, 40906 uses $102,434 cash to close to unlock $9,861/yr annual cash flow and $822/mo monthly cash flow. Total monthly income runs $2,702/mo, and a $1,512/mo payment keeps the spread at $822/mo. Purchase price stands at $309,000, and rental yield measures 10.49% with $2,702/mo rent. Return on cash invested shows 29.54% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 154.34% and total cumulative return in cash records $158,093. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,702/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1993
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40906, Barbourville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,006 (100%) |
| Owner Occupied HU | 2,721 (54.4%) |
| Renter Occupied HU | 1,678 (33.5%) |
| Vacant Housing Units | 607 (12.1%) |
| Median Home Value | $154,202 |
| Average Home Value | $177,483 |
Housing Distribution
Address Breakdown
Residential
4,148
Single Family
4,126
Multi-Family
22
Businesses
446
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Listed by: Josh Trosper • New Beginnings Real Estate LLC
Mls Name: Imagine MLS
Mls ID: #25018151