241 Cottonwood StHarrodsburgKY40330
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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 Harrodsburg at 241 Cottonwood St, Harrodsburg, KY, 40330 offers a 6.3% rental yield on a $449,500 purchase with $2,359/mo rent. 88% in year one. Equity gained on principal adds $2,901/yr while 5% annual appreciation supports $124,189 over five years. Portfolio math shows five-year ROI at 86.45% and total cumulative return in cash at $128,825. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,359/mo property income against a $2,200/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.57 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: Joshua Webb • Real Broker, LLC
Mls Name: Imagine MLS
Mls ID: #25018492