3905 Merrimac RdBradfordsvilleKY40009
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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 Bradfordsville at 3905 Merrimac Rd, Bradfordsville, KY, 40009 uses $79,527 cash to close to unlock $2,377/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,658/mo, and a $1,174/mo payment keeps the spread at $198/mo. Purchase price stands at $239,900, and rental yield measures 8.29% with $1,658/mo rent. Return on cash invested shows 22.9% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 118.79% and total cumulative return in cash records $94,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,658/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40009, Bradfordsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 505 (100%) |
| Owner Occupied HU | 360 (71.3%) |
| Renter Occupied HU | 71 (14.1%) |
| Vacant Housing Units | 74 (14.7%) |
| Median Home Value | $104,717 |
| Average Home Value | $147,889 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
435
Multi-Family
0
Businesses
9
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Listed by: Larry Mccauley • Exit Realty McCauley
Mls Name: NY State MLS
Mls ID: #11635280