3789 Highway 297MarionKY42064
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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 Marion at 3789 Highway 297, Marion, KY, 42064 earns $212/mo cash flow from $1,599/mo rent with a $1,115/mo payment. Total monthly income totals $1,599/mo, and annual cash flow totals $2,549/yr on $75,549 capital. ROI tracks 23.28% on current figures, and rental yield reads 8.42% at a $227,900 purchase. Equity gained on principal adds $1,471/yr, and 5% annual appreciation supports $62,965 over five years. Five-year ROI reaches 120.84% and total cumulative return in cash sums $91,291. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,599/mo property income instead of your personal income.
Single Family
Built in N/A
2.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42064, Marion, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,966 (100%) |
| Owner Occupied HU | 2,461 (62.1%) |
| Renter Occupied HU | 794 (20.0%) |
| Vacant Housing Units | 711 (17.9%) |
| Median Home Value | $138,755 |
| Average Home Value | $175,833 |
Housing Distribution
Address Breakdown
Residential
3,419
Single Family
3,417
Multi-Family
2
Businesses
265
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