400 McCarter BrBereaKY40403
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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 Berea at 400 McCarter Br, Berea, KY, 40403 with 5% annual appreciation on a $500,000 basis while $3,048/mo rent supports operations. Total monthly income totals $3,048/mo and a $2,447/mo payment preserves $5/mo for cash returns. Annual cash flow comes to $62/yr on $165,750 deployed, and return on cash invested reaches 19.95% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,141 alongside rental yield of 7.32%. Five-year ROI measures 102.93% and total cumulative return in cash totals $170,600.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,048/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
24.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40403, Berea, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,224 (100%) |
| Owner Occupied HU | 7,789 (63.7%) |
| Renter Occupied HU | 3,605 (29.5%) |
| Vacant Housing Units | 830 ( 6.8%) |
| Median Home Value | $241,988 |
| Average Home Value | $265,708 |
Housing Distribution
Address Breakdown
Residential
11,527
Single Family
11,470
Multi-Family
57
Businesses
755
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Listed by: Alicia Arnold • KY Real Estate Professionals, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25503044
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.