2431 State Route 307 NClintonKY42031
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 Clinton at 2431 State Route 307 N, Clinton, KY, 42031 offers a 7.5% rental yield on a $439,000 purchase with $2,744/mo rent. Total monthly income registers $2,744/mo, and a $2,149/mo payment leaves $72/mo available for distribution. Annual cash flow reaches $862/yr on $145,529 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $2,833/yr while 5% annual appreciation supports $121,288 over five years. Portfolio math shows five-year ROI at 105.87% and total cumulative return in cash at $154,076. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,744/mo property income against a $2,149/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
11.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42031, Clinton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,601 (100%) |
| Owner Occupied HU | 1,082 (67.6%) |
| Renter Occupied HU | 340 (21.2%) |
| Vacant Housing Units | 179 (11.2%) |
| Median Home Value | $144,912 |
| Average Home Value | $198,057 |
Housing Distribution
Address Breakdown
Residential
1,326
Single Family
1,326
Multi-Family
0
Businesses
131
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