313 N 5th StCentral CityKY42330
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
Rental property for sale in Central City at 313 N 5th St, Central City, KY, 42330 offers $752/mo rent that, after a $513/mo payment, leaves $114/mo cash flow. Total monthly income is $752/mo, and annual cash flow is $1,368/yr on $34,774 cash. Return on cash invested measures 23.84% in year one, and rental yield stands at 8.6% at a $104,900 entry. Equity gained on principal adds $677/yr while 5% annual appreciation compounds into $28,982 by year five. Five-year ROI records 123.8% and total cumulative return in cash reaches $43,050. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $752/mo property income versus a $513/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1970
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42330, Central City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,988 (100%) |
| Owner Occupied HU | 2,487 (62.4%) |
| Renter Occupied HU | 1,072 (26.9%) |
| Vacant Housing Units | 429 (10.8%) |
| Median Home Value | $141,516 |
| Average Home Value | $184,295 |
Housing Distribution
Address Breakdown
Residential
3,680
Single Family
3,641
Multi-Family
39
Businesses
323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Hargus • eXp Realty, LLC
Mls Name: My State MLS
Mls ID: #11394128