240 Fountaine TrceHarrodsburgKY40330
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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 Harrodsburg at 240 Fountaine Trce, Harrodsburg, KY, 40330 offers $2,321/mo rent that, after a $3,083/mo payment. Total monthly income is $2,321/mo. Return on cash invested measures 11.3% in year one, and rental yield stands at 4.42% at a $629,900 entry. Equity gained on principal adds $4,065/yr while 5% annual appreciation compounds into $174,030 by year five. Five-year ROI records 56.52% and total cumulative return in cash reaches $117,123. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,321/mo property income versus a $3,083/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40330, Harrodsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,932 (100%) |
| Owner Occupied HU | 6,453 (65.0%) |
| Renter Occupied HU | 2,342 (23.6%) |
| Vacant Housing Units | 1,137 (11.4%) |
| Median Home Value | $225,704 |
| Average Home Value | $265,215 |
Housing Distribution
Address Breakdown
Residential
9,031
Single Family
8,900
Multi-Family
131
Businesses
590
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Listed by: Joe Marcum • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls ID: #25015800