231 W 2nd StSlaughtersKY42456
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 Slaughters at 231 W 2nd St, Slaughters, KY, 42456 offers a 11.67% rental yield on a $169,000 purchase with $1,643/mo rent. Total monthly income registers $1,643/mo, and a $827/mo payment leaves $615/mo available for distribution. Annual cash flow reaches $7,375/yr on $56,024 to close, and return on cash invested stands at 33.07% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 173.34% and total cumulative return in cash at $97,111. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,643/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42456, Slaughters, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 720 (100%) |
| Owner Occupied HU | 577 (80.1%) |
| Renter Occupied HU | 91 (12.6%) |
| Vacant Housing Units | 52 ( 7.2%) |
| Median Home Value | $175,255 |
| Average Home Value | $201,924 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
15
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Listed by: Kendall Hunt • Coldwell Banker Complete Realty
Mls Name: MHCBOR
Mls ID: #117364