3801 State Highway 225ArtemusKY40903
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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 Artemus at 3801 State Highway 225, Artemus, KY, 40903 uses $82,544 cash to close to unlock $3,363/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $1,796/mo, and a $1,219/mo payment keeps the spread at $280/mo. Purchase price stands at $249,000, and rental yield measures 8.66% with $1,796/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 124.6% and total cumulative return in cash records $102,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,796/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1972
9.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40903, Artemus, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 303 (100%) |
| Owner Occupied HU | 196 (64.7%) |
| Renter Occupied HU | 61 (20.1%) |
| Vacant Housing Units | 46 (15.2%) |
| Median Home Value | $79,167 |
| Average Home Value | $106,224 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
223
Multi-Family
0
Businesses
3
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Listed by: Donald Sauer • Re/Max Laketime Realty London
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007225
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.