304 Canterbury DrMayfieldKY42066
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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
Rental property for sale in Mayfield at 304 Canterbury Dr, Mayfield, KY, 42066 generates $3,224/mo in rent and, after a $1,908/mo payment, leaves $851/mo in cash flow. Total monthly income is $3,224/mo, and annual cash flow is $10,216/yr on $129,252 invested. Return on cash invested sits at 27.81% in year one, and rental yield is 9.92% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 145.12% and total cumulative return in cash sums $187,573. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,224/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42066, Mayfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,333 (100%) |
| Owner Occupied HU | 6,369 (61.6%) |
| Renter Occupied HU | 2,866 (27.7%) |
| Vacant Housing Units | 1,098 (10.6%) |
| Median Home Value | $154,990 |
| Average Home Value | $192,095 |
Housing Distribution
Address Breakdown
Residential
9,666
Single Family
9,609
Multi-Family
57
Businesses
783
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