409 Backusburg RdMayfieldKY42066
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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 Mayfield at 409 Backusburg Rd, Mayfield, KY, 42066 generates $1,693/mo in rent and, after a $612/mo payment, leaves $932/mo in cash flow. Total monthly income is $1,693/mo, and annual cash flow is $11,184/yr on $41,438 invested. Return on cash invested sits at 46.9% in year one, and rental yield is 16.25% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 247.58% and total cumulative return in cash sums $102,593. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,693/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42066, Mayfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,333 (100%) |
| Owner Occupied HU | 6,369 (61.6%) |
| Renter Occupied HU | 2,866 (27.7%) |
| Vacant Housing Units | 1,098 (10.6%) |
| Median Home Value | $154,990 |
| Average Home Value | $192,095 |
Housing Distribution
Address Breakdown
Residential
9,666
Single Family
9,609
Multi-Family
57
Businesses
783
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Listed by: Kartik Patel • Keller Williams Experience Realty Paducah Branch
Mls Name: WKRMLS
Mls ID: #128833
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.