409 College StHorse CaveKY42749
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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 Horse Cave at 409 College St, Horse Cave, KY, 42749 uses $61,328 cash to close to unlock $750/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $1,188/mo, and a $905/mo payment keeps the spread at $63/mo. Purchase price stands at $185,000, and rental yield measures 7.71% with $1,188/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 109.31% and total cumulative return in cash records $67,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,188/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42749, Horse Cave, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,652 (100%) |
| Owner Occupied HU | 1,550 (58.4%) |
| Renter Occupied HU | 721 (27.2%) |
| Vacant Housing Units | 381 (14.4%) |
| Median Home Value | $154,915 |
| Average Home Value | $189,050 |
Housing Distribution
Address Breakdown
Residential
2,428
Single Family
2,368
Multi-Family
60
Businesses
165
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Listed by: Ray Hishmeh Jr • Coldwell Banker Legacy Group
Mls Name: RASK
Mls ID: #RA20255988