311 E Main StHorse CaveKY42749
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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 Horse Cave at 311 E Main St, Horse Cave, KY, 42749 earns $580/mo cash flow from $1,188/mo rent with a $489/mo payment. Total monthly income totals $1,188/mo, and annual cash flow totals $6,958/yr on $33,150 capital. ROI tracks 40.9% on current figures, and rental yield reads 14.26% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 215.29% and total cumulative return in cash sums $71,368. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,188/mo property income instead of your personal income.
Single Family
Built in 1889
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42749, Horse Cave, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,652 (100%) |
| Owner Occupied HU | 1,550 (58.4%) |
| Renter Occupied HU | 721 (27.2%) |
| Vacant Housing Units | 381 (14.4%) |
| Median Home Value | $154,915 |
| Average Home Value | $189,050 |
Housing Distribution
Address Breakdown
Residential
2,428
Single Family
2,368
Multi-Family
60
Businesses
165
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Listed by: John P Hishmeh • Coldwell Banker Legacy Group
Mls Name: RASK
Mls ID: #RA20254042