3238 Cave Hill RdMunfordvilleKY42765
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 Munfordville at 3238 Cave Hill Rd, Munfordville, KY, 42765 offers $1,406/mo rent that, after a $729/mo payment, leaves $499/mo cash flow. Total monthly income is $1,406/mo, and annual cash flow is $5,993/yr on $49,394 cash. Return on cash invested measures 32.04% in year one, and rental yield stands at 11.32% at a $149,000 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 167.81% and total cumulative return in cash reaches $82,888. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,406/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42765, Munfordville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,602 (100%) |
| Owner Occupied HU | 1,598 (61.4%) |
| Renter Occupied HU | 632 (24.3%) |
| Vacant Housing Units | 372 (14.3%) |
| Median Home Value | $178,512 |
| Average Home Value | $218,889 |
Housing Distribution
Address Breakdown
Residential
2,386
Single Family
2,386
Multi-Family
0
Businesses
207
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Listed by: Kerri Otis • LPT Realty
Mls Name: HKMLS
Mls ID: #HK25004596