393 Highway 232HarnedKY40144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Harned at 393 Highway 232, Harned, KY, 40144 listed at $175,000 pairs $1,188/mo rent with a $857/mo payment to leave $122/mo cash flow. Total monthly income runs $1,188/mo, and annual cash flow reaches $1,470/yr on $58,013 cash to close. Return on cash invested measures 22.44% in year one, and rental yield registers 8.15% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 116.35% and total cumulative return in cash totals $67,495. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,188/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2013
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40144, Harned, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 788 (100%) |
| Owner Occupied HU | 577 (73.2%) |
| Renter Occupied HU | 149 (18.9%) |
| Vacant Housing Units | 62 ( 7.9%) |
| Median Home Value | $208,705 |
| Average Home Value | $223,692 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
685
Multi-Family
0
Businesses
34
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Listed by: Jeffrey E Tate • FHRA, Inc.
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1672844
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