324 River Mist RdBurkesvilleKY42717
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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 Burkesville at 324 River Mist Rd, Burkesville, KY, 42717 priced at $299,900 converts $1,124/mo rent into after a $1,468/mo obligation. Total monthly income equals $1,124/mo. Return on cash invested prints 11.44% in year one, and rental yield reads 4.5% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 57.31% and total cumulative return in cash sums $56,980. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,124/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2007
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42717, Burkesville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,578 (100%) |
| Owner Occupied HU | 2,061 (57.6%) |
| Renter Occupied HU | 664 (18.6%) |
| Vacant Housing Units | 853 (23.8%) |
| Median Home Value | $178,074 |
| Average Home Value | $203,655 |
Housing Distribution
Address Breakdown
Residential
3,103
Single Family
3,103
Multi-Family
0
Businesses
221
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Listed by: Asher Sullivan • Coldwell Banker Legacy Group
Mls Name: RASK
Mls ID: #RA20256504