355A Center StNew HavenKY40051
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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 New Haven at 355A Center St, New Haven, KY, 40051 priced at $182,900 converts $1,241/mo rent into $128/mo cash flow after a $895/mo obligation. Total monthly income equals $1,241/mo, and annual cash flow totals $1,536/yr on $60,631 invested. Return on cash invested prints 22.44% in year one, and rental yield reads 8.14% against a $182,900 entry. Equity gained on principal adds $1,180/yr, while 5% annual appreciation compiles into $50,532 by year five. Five-year ROI reaches 116.36% and total cumulative return in cash sums $70,551. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,241/mo property income covering a $895/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40051, New Haven, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,045 (100%) |
| Owner Occupied HU | 1,501 (73.4%) |
| Renter Occupied HU | 369 (18.0%) |
| Vacant Housing Units | 175 ( 8.6%) |
| Median Home Value | $237,238 |
| Average Home Value | $262,980 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
55
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Listed by: Ted Bray • Kentucky Choice Realty
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24002018
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.