265 State Highway 930ArtemusKY40903
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 Artemus at 265 State Highway 930, Artemus, KY, 40903 offers a 14.18% rental yield on a $209,500 purchase with $2,476/mo rent. Total monthly income registers $2,476/mo, and a $1,025/mo payment leaves $1,201/mo available for distribution. Annual cash flow reaches $14,416/yr on $69,449 to close, and return on cash invested stands at 40.67% in year one. Equity gained on principal adds $1,352/yr while 5% annual appreciation supports $57,881 over five years. Portfolio math shows five-year ROI at 214.05% and total cumulative return in cash at $148,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,476/mo property income against a $1,025/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40903, Artemus, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 303 (100%) |
| Owner Occupied HU | 196 (64.7%) |
| Renter Occupied HU | 61 (20.1%) |
| Vacant Housing Units | 46 (15.2%) |
| Median Home Value | $79,167 |
| Average Home Value | $106,224 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
223
Multi-Family
0
Businesses
3
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Listed by: Heather Martinez • Shawn Rogers Realty, Inc
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25004277
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.