423 Purrigsby RdBrodheadKY40409
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Brodhead at 423 Purrigsby Rd, Brodhead, KY, 40409 offers a 7.42% rental yield on a $199,000 purchase with $1,230/mo rent. Total monthly income registers $1,230/mo, and a $974/mo payment leaves $19/mo available for distribution. Annual cash flow reaches $226/yr on $65,969 to close, and return on cash invested stands at 20.25% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 104.55% and total cumulative return in cash at $68,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,230/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40409, Brodhead, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,717 (100%) |
| Owner Occupied HU | 1,140 (66.4%) |
| Renter Occupied HU | 403 (23.5%) |
| Vacant Housing Units | 174 (10.1%) |
| Median Home Value | $157,398 |
| Average Home Value | $213,336 |
Housing Distribution
Address Breakdown
Residential
1,521
Single Family
1,521
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danny Ford • Weichert Realtors - Ford Brothers
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006815
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.