428 Main St NMc KeeKY40447
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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 Mc Kee at 428 Main St N, Mc Kee, KY, 40447 listed at $230,000 pairs $2,231/mo rent with a $1,126/mo payment to leave $831/mo cash flow. Total monthly income runs $2,231/mo, and annual cash flow reaches $9,971/yr on $76,245 cash to close. Return on cash invested measures 32.99% in year one, and rental yield registers 11.64% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 172.84% and total cumulative return in cash totals $131,779. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,231/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40447, Mc Kee, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,289 (100%) |
| Owner Occupied HU | 2,160 (65.7%) |
| Renter Occupied HU | 685 (20.8%) |
| Vacant Housing Units | 444 (13.5%) |
| Median Home Value | $128,906 |
| Average Home Value | $150,468 |
Housing Distribution
Address Breakdown
Residential
3,316
Single Family
3,256
Multi-Family
60
Businesses
166
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Listed by: B Scott Griffie • Weichert Realtors - Ford Brothers
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25008880
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.