38 Clifton Scott HolwHardyKY41531
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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 Hardy at 38 Clifton Scott Holw, Hardy, KY, 41531 offers a 11% rental yield on a $195,000 purchase with $1,787/mo rent. Total monthly income registers $1,787/mo, and a $954/mo payment leaves $601/mo available for distribution. Annual cash flow reaches $7,207/yr on $64,643 to close, and return on cash invested stands at 31.06% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 162.52% and total cumulative return in cash at $105,058. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,787/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
2 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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Listed by: Carolyn Sue Hager • RE/MAX Elite Realty
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #122410
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.