268 Highway 290MckeeKY40447
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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 Mckee at 268 Highway 290, Mckee, KY, 40447 offers a 11.83% rental yield on a $162,488 purchase with $1,602/mo rent. Total monthly income registers $1,602/mo, and a $795/mo payment leaves $613/mo available for distribution. Annual cash flow reaches $7,360/yr on $53,865 to close, and return on cash invested stands at 33.57% in year one. Equity gained on principal adds $1,049/yr while 5% annual appreciation supports $44,892 over five years. Portfolio math shows five-year ROI at 176.02% and total cumulative return in cash at $94,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,602/mo property income against a $795/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40447, Mc Kee, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,289 (100%) |
| Owner Occupied HU | 2,160 (65.7%) |
| Renter Occupied HU | 685 (20.8%) |
| Vacant Housing Units | 444 (13.5%) |
| Median Home Value | $128,906 |
| Average Home Value | $150,468 |
Housing Distribution
Address Breakdown
Residential
3,316
Single Family
3,256
Multi-Family
60
Businesses
166
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