4 Thornton StRacelandKY41169
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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 Raceland at 4 Thornton St, Raceland, KY, 41169 offers $1,039/mo rent that, after a $685/mo payment, leaves $187/mo cash flow. Total monthly income is $1,039/mo, and annual cash flow is $2,247/yr on $46,377 cash. Return on cash invested measures 24.76% in year one, and rental yield stands at 8.91% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 128.76% and total cumulative return in cash reaches $59,715. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,039/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
3.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41169, Russell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,519 (100%) |
| Owner Occupied HU | 1,681 (66.7%) |
| Renter Occupied HU | 577 (22.9%) |
| Vacant Housing Units | 261 (10.4%) |
| Median Home Value | $168,361 |
| Average Home Value | $184,164 |
Housing Distribution
Address Breakdown
Residential
2,478
Single Family
2,417
Multi-Family
61
Businesses
147
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Listed by: Tonja Mccloud • Re/Max Realty Connection, Llc
Mls Name: AABR
Mls Provider:
Mls ID: #57542
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.