315 E Main StHorse CaveKY42749
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 Horse Cave at 315 E Main St, Horse Cave, KY, 42749 priced at $263,000 converts $2,046/mo rent into $446/mo cash flow after a $1,287/mo obligation. Total monthly income equals $2,046/mo, and annual cash flow totals $5,347/yr on $87,185 invested. Return on cash invested prints 26.04% in year one, and rental yield reads 9.34% against a $263,000 entry. Equity gained on principal adds $1,697/yr, while 5% annual appreciation compiles into $72,662 by year five. Five-year ROI reaches 135.62% and total cumulative return in cash sums $118,235. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,046/mo property income covering a $1,287/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.72 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: Ryan F Shanahan • Coldwell Banker Legacy Group
Mls Name: RASK
Mls ID: #RA20256185