3685 State Highway 319HardyKY41531
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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 Hardy at 3685 State Highway 319, Hardy, KY, 41531 generates $1,066/mo in rent and, after a $685/mo payment, leaves $214/mo in cash flow. Total monthly income is $1,066/mo, and annual cash flow is $2,570/yr on $46,410 invested. Return on cash invested sits at 25.45% in year one, and rental yield is 9.14% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 132.49% and total cumulative return in cash sums $61,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,066/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41531, Hardy, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 291 (100%) |
| Owner Occupied HU | 191 (65.6%) |
| Renter Occupied HU | 70 (24.1%) |
| Vacant Housing Units | 30 (10.3%) |
| Median Home Value | $131,250 |
| Average Home Value | $166,767 |
Housing Distribution
Address Breakdown
Residential
338
Single Family
338
Multi-Family
0
Businesses
9
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