321 E 2nd StMaysvilleKY41056
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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 Maysville at 321 E 2nd St, Maysville, KY, 41056 uses $62,654 cash to close to unlock $1,449/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $1,271/mo, and a $925/mo payment keeps the spread at $121/mo. Purchase price stands at $189,000, and rental yield measures 8.07% with $1,271/mo rent. Return on cash invested shows 22.22% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 115.13% and total cumulative return in cash records $72,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,271/mo property income covering a $925/mo payment rather than investor’s personal income.
Multi Family
Built in 1880
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41056, Maysville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,785 (100%) |
| Owner Occupied HU | 3,789 (55.8%) |
| Renter Occupied HU | 2,110 (31.1%) |
| Vacant Housing Units | 886 (13.1%) |
| Median Home Value | $188,400 |
| Average Home Value | $209,817 |
Housing Distribution
Address Breakdown
Residential
6,326
Single Family
6,090
Multi-Family
236
Businesses
687
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