347 W 2nd StMaysvilleKY41056
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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 Maysville at 347 W 2nd St, Maysville, KY, 41056 priced at $699,000 converts $834/mo rent into after a $3,421/mo obligation. Total monthly income equals $834/mo. Return on cash invested prints 2.21% in year one, and rental yield reads 1.43% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 7.8% and total cumulative return in cash sums $17,942. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $834/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Apartment
Built in 1913
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41056, Maysville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,785 (100%) |
| Owner Occupied HU | 3,789 (55.8%) |
| Renter Occupied HU | 2,110 (31.1%) |
| Vacant Housing Units | 886 (13.1%) |
| Median Home Value | $188,400 |
| Average Home Value | $209,817 |
Housing Distribution
Address Breakdown
Residential
6,326
Single Family
6,090
Multi-Family
236
Businesses
687
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