297 Norman Murley LnBurkesvilleKY42717
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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 Burkesville at 297 Norman Murley Ln, Burkesville, KY, 42717 offers a 6.11% rental yield on a $470,000 purchase with $2,395/mo rent. 33% in year one. Equity gained on principal adds $3,033/yr while 5% annual appreciation supports $129,852 over five years. Portfolio math shows five-year ROI at 83.49% and total cumulative return in cash at $130,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,395/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42717, Burkesville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,578 (100%) |
| Owner Occupied HU | 2,061 (57.6%) |
| Renter Occupied HU | 664 (18.6%) |
| Vacant Housing Units | 853 (23.8%) |
| Median Home Value | $178,074 |
| Average Home Value | $203,655 |
Housing Distribution
Address Breakdown
Residential
3,103
Single Family
3,103
Multi-Family
0
Businesses
221
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Listed by: James Rowlett • Southern Nest Realty, LLC
Mls Name: South Central Kentucky AOR
Mls Provider:
Mls ID: #SC46488