334 2nd StMidwayKY40347
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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 Midway at 334 2nd St, Midway, KY, 40347 priced at $225,000 converts $1,609/mo rent into $240/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,609/mo, and annual cash flow totals $2,878/yr on $74,588 invested. Return on cash invested prints 23.77% in year one, and rental yield reads 8.58% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 123.39% and total cumulative return in cash sums $92,037. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,609/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in N/A
5,000 sqft lot
$N/A/sqft
No HOA
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Listed by: Morgan Withrow • The Brokerage
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24022675
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.