320 S Main Cross StFlemingsburgKY41041
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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 Flemingsburg at 320 S Main Cross St, Flemingsburg, KY, 41041 offers a 10.18% rental yield on a $135,000 purchase with $1,145/mo rent. Total monthly income registers $1,145/mo, and a $661/mo payment leaves $323/mo available for distribution. Annual cash flow reaches $3,877/yr on $44,753 to close, and return on cash invested stands at 28.57% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 149.28% and total cumulative return in cash at $66,805. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,145/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1891
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41041, Flemingsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,368 (100%) |
| Owner Occupied HU | 2,213 (65.7%) |
| Renter Occupied HU | 807 (24.0%) |
| Vacant Housing Units | 348 (10.3%) |
| Median Home Value | $151,359 |
| Average Home Value | $196,042 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,201
Multi-Family
12
Businesses
293
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Listed by: Shannon Dearing • Fleming Co. Real Estate & Auction Service
Mls Name: Buffalo Trace MLS
Mls ID: #43469
Disclaimer: Copyright Buffalo Trace Multi List Service. All rights reserved. Information is deemed reliable but not guaranteed.