370 Highway 232HarnedKY40144
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 Harned at 370 Highway 232, Harned, KY, 40144 offers a 9.63% rental yield on a $175,000 purchase with $1,405/mo rent. Total monthly income registers $1,405/mo, and a $857/mo payment leaves $339/mo available for distribution. Annual cash flow reaches $4,074/yr on $58,013 to close, and return on cash invested stands at 26.93% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 140.4% and total cumulative return in cash at $81,451. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,405/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40144, Harned, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 788 (100%) |
| Owner Occupied HU | 577 (73.2%) |
| Renter Occupied HU | 149 (18.9%) |
| Vacant Housing Units | 62 ( 7.9%) |
| Median Home Value | $208,705 |
| Average Home Value | $223,692 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
685
Multi-Family
0
Businesses
34
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Nearby investment properties with comparable prices
Listed by: Craig Ball • Keller Williams Elite
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1671107
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