307 3rd StHazelKY42049
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hazel at 307 3rd St, Hazel, KY, 42049 earns $799/mo cash flow from $2,296/mo rent with a $1,204/mo payment. Total monthly income totals $2,296/mo, and annual cash flow totals $9,586/yr on $81,549 capital. ROI tracks 31.66% on current figures, and rental yield reads 11.2% at a $246,000 purchase. Equity gained on principal adds $1,587/yr, and 5% annual appreciation supports $67,965 over five years. Five-year ROI reaches 165.75% and total cumulative return in cash sums $135,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,296/mo property income instead of your personal income.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42049, Hazel, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 581 (68.9%) |
| Renter Occupied HU | 135 (16.0%) |
| Vacant Housing Units | 127 (15.1%) |
| Median Home Value | $218,094 |
| Average Home Value | $225,353 |
Housing Distribution
Address Breakdown
Residential
721
Single Family
721
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aleshia Banks • Stedelin Real Estate, LLC
Mls Name: WKRMLS
Mls ID: #133544
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.