243 Nosben FrkBelfryKY41514
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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 Belfry at 243 Nosben Frk, Belfry, KY, 41514 generates $1,891/mo in rent and, after a $978/mo payment, leaves $675/mo in cash flow. Total monthly income is $1,891/mo, and annual cash flow is $8,097/yr on $66,267 invested. Return on cash invested sits at 32.13% in year one, and rental yield is 11.35% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 168.25% and total cumulative return in cash sums $111,493. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,891/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41514, Belfry, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,723 (100%) |
| Owner Occupied HU | 1,042 (60.5%) |
| Renter Occupied HU | 402 (23.3%) |
| Vacant Housing Units | 279 (16.2%) |
| Median Home Value | $138,636 |
| Average Home Value | $181,082 |
Housing Distribution
Address Breakdown
Residential
1,346
Single Family
1,346
Multi-Family
0
Businesses
79
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