384 Mill St #MVMunfordvilleKY42765
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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
Rental property for sale in Munfordville at 384 Mill St #MV, Munfordville, KY, 42765 generates $1,465/mo in rent and, after a $928/mo payment, leaves $311/mo in cash flow. Total monthly income is $1,465/mo, and annual cash flow is $3,734/yr on $62,819 invested. Return on cash invested sits at 25.85% in year one, and rental yield is 9.28% on a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 134.63% and total cumulative return in cash sums $84,575. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,465/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42765, Munfordville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,602 (100%) |
| Owner Occupied HU | 1,598 (61.4%) |
| Renter Occupied HU | 632 (24.3%) |
| Vacant Housing Units | 372 (14.3%) |
| Median Home Value | $178,512 |
| Average Home Value | $218,889 |
Housing Distribution
Address Breakdown
Residential
2,386
Single Family
2,386
Multi-Family
0
Businesses
207
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Listed by: John P Hishmeh • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20245216
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