302 E Locust StGreensburgKY42743
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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 Greensburg at 302 E Locust St, Greensburg, KY, 42743 with 5% annual appreciation on a $199,500 basis while $1,230/mo rent supports operations. Total monthly income totals $1,230/mo and a $976/mo payment preserves $16/mo for cash returns. Annual cash flow comes to $195/yr on $66,134 deployed, and return on cash invested reaches 20.2% in year one. Equity gained on principal adds $1,287/yr, and five-year appreciation sums $55,118 alongside rental yield of 7.4%. Five-year ROI measures 104.34% and total cumulative return in cash totals $69,007.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,230/mo property income versus a $976/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42743, Greensburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,359 (100%) |
| Owner Occupied HU | 2,880 (66.1%) |
| Renter Occupied HU | 954 (21.9%) |
| Vacant Housing Units | 525 (12.0%) |
| Median Home Value | $117,857 |
| Average Home Value | $210,336 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,147
Multi-Family
74
Businesses
335
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Listed by: Erica Nunn • RENEE DOBSON REALTY GROUP, LLC
Mls Name: HKMLS
Mls ID: #HK25000955