357 Highway 522BaxterKY40806
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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
Investment property for sale in Baxter at 357 Highway 522, Baxter, KY, 40806 uses $46,079 cash to close to unlock $3,916/yr annual cash flow and $326/mo monthly cash flow. Total monthly income runs $1,172/mo, and a $680/mo payment keeps the spread at $326/mo. Purchase price stands at $139,000, and rental yield measures 10.12% with $1,172/mo rent. Return on cash invested shows 28.41% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 148.33% and total cumulative return in cash records $68,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,172/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40806, Baxter, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,359 (100%) |
| Owner Occupied HU | 802 (59.0%) |
| Renter Occupied HU | 435 (32.0%) |
| Vacant Housing Units | 122 ( 9.0%) |
| Median Home Value | $137,912 |
| Average Home Value | $161,512 |
Housing Distribution
Address Breakdown
Residential
684
Single Family
684
Multi-Family
0
Businesses
57
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