2989 State Highway 1304HinkleKY40953
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 Hinkle at 2989 State Highway 1304, Hinkle, KY, 40953 listed at $115,000 pairs $1,139/mo rent with a $563/mo payment to leave $439/mo cash flow. Total monthly income runs $1,139/mo, and annual cash flow reaches $5,268/yr on $38,123 cash to close. Return on cash invested measures 33.73% in year one, and rental yield registers 11.89% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 176.8% and total cumulative return in cash totals $67,401. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,139/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40953, Hinkle, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 282 (100%) |
| Owner Occupied HU | 167 (59.2%) |
| Renter Occupied HU | 72 (25.5%) |
| Vacant Housing Units | 43 (15.2%) |
| Median Home Value | $120,536 |
| Average Home Value | $160,464 |
Housing Distribution
Address Breakdown
Residential
355
Single Family
355
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices