316 College 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
Rental property for sale in Horse Cave at 316 College St, Horse Cave, KY, 42749 generates $1,955/mo in rent and, after a $1,076/mo payment, leaves $617/mo in cash flow. Total monthly income is $1,955/mo, and annual cash flow is $7,403/yr on $72,897 invested. Return on cash invested sits at 30.06% in year one, and rental yield is 10.67% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 157.15% and total cumulative return in cash sums $114,556. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,955/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.40 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: Alexis Yates • Legacy Property Group
Mls Name: South Central Kentucky AOR
Mls Provider:
Mls ID: #SC46315