342 Ward AveAuxierKY41602
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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 Auxier at 342 Ward Ave, Auxier, KY, 41602 generates $1,664/mo in rent and, after a $1,023/mo payment, leaves $392/mo in cash flow. Total monthly income is $1,664/mo, and annual cash flow is $4,703/yr on $69,284 invested. Return on cash invested sits at 26.7% in year one, and rental yield is 9.55% on a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 139.1% and total cumulative return in cash sums $96,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,664/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41602, Auxier, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 273 (100%) |
| Owner Occupied HU | 166 (60.8%) |
| Renter Occupied HU | 75 (27.5%) |
| Vacant Housing Units | 32 (11.7%) |
| Median Home Value | $114,881 |
| Average Home Value | $124,533 |
Housing Distribution
Address Breakdown
Residential
251
Single Family
251
Multi-Family
0
Businesses
11
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