347 Clover Creek Cove LnCloverportKY40111
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
Investment property for sale in Cloverport at 347 Clover Creek Cove Ln, Cloverport, KY, 40111 offers a 11.52% rental yield on a $145,500 purchase with $1,397/mo rent. Total monthly income registers $1,397/mo, and a $712/mo payment leaves $512/mo available for distribution. Annual cash flow reaches $6,139/yr on $48,233 to close, and return on cash invested stands at 32.64% in year one. Equity gained on principal adds $939/yr while 5% annual appreciation supports $40,199 over five years. Portfolio math shows five-year ROI at 171.01% and total cumulative return in cash at $82,485. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,397/mo property income against a $712/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40111, Cloverport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 794 (100%) |
| Owner Occupied HU | 539 (67.9%) |
| Renter Occupied HU | 167 (21.0%) |
| Vacant Housing Units | 88 (11.1%) |
| Median Home Value | $123,645 |
| Average Home Value | $145,172 |
Housing Distribution
Address Breakdown
Residential
731
Single Family
643
Multi-Family
88
Businesses
24
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Listed by: Dennie Armes • BARR REALTY & AUCTION COMPANY INC- HARDINSBURG
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25001905
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