409 Fairlane DrMayfieldKY42066
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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 Fairlane Dr, Mayfield, KY, 42066 priced at $219,500 pairs $1,446/mo rent with $110/mo cash flow after a $1,074/mo payment. Total monthly income equals $1,446/mo, and annual cash flow comes to $1,325/yr on $72,764 invested. Return on cash invested is 21.73% in year one, and rental yield stands at 7.91% on a $219,500 basis. Equity gained on principal adds $1,416/yr, and 5% annual appreciation accumulates to $60,644 by year five. Five-year ROI measures 112.5% and total cumulative return in cash reaches $81,862. For financing, Ziffy Mortgage’s DSCR program evaluates $1,446/mo property income against a $1,074/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
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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