3062 Louisville RdHarrodsburgKY40330
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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 Harrodsburg at 3062 Louisville Rd, Harrodsburg, KY, 40330 listed at $195,000 pairs $1,567/mo rent with a $954/mo payment to leave $381/mo cash flow. Total monthly income runs $1,567/mo, and annual cash flow reaches $4,567/yr on $64,643 cash to close. Return on cash invested measures 26.97% in year one, and rental yield registers 9.64% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 140.62% and total cumulative return in cash totals $90,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,567/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1875
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40330, Harrodsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,932 (100%) |
| Owner Occupied HU | 6,453 (65.0%) |
| Renter Occupied HU | 2,342 (23.6%) |
| Vacant Housing Units | 1,137 (11.4%) |
| Median Home Value | $225,704 |
| Average Home Value | $265,215 |
Housing Distribution
Address Breakdown
Residential
9,031
Single Family
8,900
Multi-Family
131
Businesses
590
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Listed by: Michael T Inman • Coldwell Banker McMahan
Mls Name: Imagine MLS
Mls ID: #25012635