398 Panama RdBarbourvilleKY40906
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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 Barbourville at 398 Panama Rd, Barbourville, KY, 40906 generates $1,409/mo in rent and, after a $724/mo payment, leaves $509/mo in cash flow. Total monthly income is $1,409/mo, and annual cash flow is $6,105/yr on $49,029 invested. Return on cash invested sits at 32.36% in year one, and rental yield is 11.43% on a $147,900 entry. Equity gained on principal adds $954/yr, while 5% annual appreciation builds toward $40,862 over five years. Five-year ROI reaches 169.48% and total cumulative return in cash sums $83,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,409/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40906, Barbourville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,006 (100%) |
| Owner Occupied HU | 2,721 (54.4%) |
| Renter Occupied HU | 1,678 (33.5%) |
| Vacant Housing Units | 607 (12.1%) |
| Median Home Value | $154,202 |
| Average Home Value | $177,483 |
Housing Distribution
Address Breakdown
Residential
4,148
Single Family
4,126
Multi-Family
22
Businesses
446
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Listed by: Jonathan Evans • Action Realty
Mls Name: Imagine MLS
Mls ID: #25012780