231 Bishop Cemetery RdBoonevilleKY41314
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
Investment property for sale in Booneville at 231 Bishop Cemetery Rd, Booneville, KY, 41314 listed at $365,000 pairs $2,488/mo rent with a $1,786/mo payment to leave $267/mo cash flow. Total monthly income runs $2,488/mo, and annual cash flow reaches $3,204/yr on $120,998 cash to close. Return on cash invested measures 22.56% in year one, and rental yield registers 8.18% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 116.93% and total cumulative return in cash totals $141,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,488/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41314, Booneville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,195 (62.0%) |
| Renter Occupied HU | 453 (23.5%) |
| Vacant Housing Units | 280 (14.5%) |
| Median Home Value | $95,391 |
| Average Home Value | $122,151 |
Housing Distribution
Address Breakdown
Residential
1,490
Single Family
1,466
Multi-Family
24
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandi King • Lake Cumberland Real Estate Professionals
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25000518
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.