306 Wood StPrincetonKY42445
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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 Princeton at 306 Wood St, Princeton, KY, 42445 earns $397/mo cash flow from $1,127/mo rent with a $587/mo payment. Total monthly income totals $1,127/mo, and annual cash flow totals $4,764/yr on $39,780 capital. ROI tracks 31.88% on current figures, and rental yield reads 11.27% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 166.9% and total cumulative return in cash sums $66,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,127/mo property income instead of your personal income.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42445, Princeton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,287 (100%) |
| Owner Occupied HU | 3,373 (63.8%) |
| Renter Occupied HU | 1,243 (23.5%) |
| Vacant Housing Units | 671 (12.7%) |
| Median Home Value | $128,871 |
| Average Home Value | $177,973 |
Housing Distribution
Address Breakdown
Residential
4,812
Single Family
4,733
Multi-Family
79
Businesses
409
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Listed by: Ryals Farless • Farless Realty
Mls Name: WKRMLS
Mls ID: #129924
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.