305 N 6th StMurrayKY42071
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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 Murray at 305 N 6th St, Murray, KY, 42071 earns $237/mo cash flow from $1,448/mo rent with a $974/mo payment. Total monthly income totals $1,448/mo, and annual cash flow totals $2,842/yr on $65,969 capital. ROI tracks 24.22% on current figures, and rental yield reads 8.73% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 125.81% and total cumulative return in cash sums $82,998. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,448/mo property income instead of your personal income.
Single Family
Built in 1938
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42071, Murray, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,483 (100%) |
| Owner Occupied HU | 7,472 (51.6%) |
| Renter Occupied HU | 4,770 (32.9%) |
| Vacant Housing Units | 2,241 (15.5%) |
| Median Home Value | $209,592 |
| Average Home Value | $236,806 |
Housing Distribution
Address Breakdown
Residential
13,516
Single Family
13,373
Multi-Family
143
Businesses
1,391
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Listed by: Cindy Hart • Better Homes & Gardens Fern Leaf Group
Mls Name: WKRMLS
Mls ID: #129505
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.