3761 S State Route 321HagerhillKY41222
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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 Hagerhill at 3761 S State Route 321, Hagerhill, KY, 41222 offers a 11.54% rental yield on a $159,000 purchase with $1,529/mo rent. Total monthly income registers $1,529/mo, and a $778/mo payment leaves $562/mo available for distribution. Annual cash flow reaches $6,738/yr on $52,709 to close, and return on cash invested stands at 32.69% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 171.32% and total cumulative return in cash at $90,300. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,529/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41222, Hagerhill, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,256 (100%) |
| Owner Occupied HU | 862 (68.6%) |
| Renter Occupied HU | 282 (22.5%) |
| Vacant Housing Units | 112 ( 8.9%) |
| Median Home Value | $172,083 |
| Average Home Value | $170,493 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
847
Multi-Family
0
Businesses
50
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Listed by: Teresa Preston • Redd, Brown & Williams Real Estate Services(Paint)
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #124176
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.