422 My Refuge RdEddyvilleKY42038
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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 Eddyville at 422 My Refuge Rd, Eddyville, KY, 42038 uses $86,157 cash to close to unlock $8,355/yr annual cash flow and $696/mo monthly cash flow. Total monthly income runs $2,278/mo, and a $1,272/mo payment keeps the spread at $696/mo. Purchase price stands at $259,900, and rental yield measures 10.52% with $2,278/mo rent. Return on cash invested shows 29.61% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 154.75% and total cumulative return in cash records $133,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,278/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1996
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42038, Eddyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,973 (100%) |
| Owner Occupied HU | 1,601 (53.9%) |
| Renter Occupied HU | 460 (15.5%) |
| Vacant Housing Units | 912 (30.7%) |
| Median Home Value | $255,702 |
| Average Home Value | $304,586 |
Housing Distribution
Address Breakdown
Residential
2,391
Single Family
2,391
Multi-Family
0
Businesses
225
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Listed by: Kimberly Ann Clapp • The Jeter Group
Mls Name: WKRMLS
Mls ID: #133220
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.