316 N Broadway StBarbourvilleKY40906
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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 Barbourville at 316 N Broadway St, Barbourville, KY, 40906 priced at $185,000 pairs $1,625/mo rent with $500/mo cash flow after a $905/mo payment. Total monthly income equals $1,625/mo, and annual cash flow comes to $5,994/yr on $61,328 invested. Return on cash invested is 29.68% in year one, and rental yield stands at 10.54% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 155.17% and total cumulative return in cash reaches $95,163. For financing, Ziffy Mortgage’s DSCR program evaluates $1,625/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40906, Barbourville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,006 (100%) |
| Owner Occupied HU | 2,721 (54.4%) |
| Renter Occupied HU | 1,678 (33.5%) |
| Vacant Housing Units | 607 (12.1%) |
| Median Home Value | $154,202 |
| Average Home Value | $177,483 |
Housing Distribution
Address Breakdown
Residential
4,148
Single Family
4,126
Multi-Family
22
Businesses
446
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Listed by: Thomas Lockard • Creative Realty & Auction Co.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25008750
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.