4400 State Route 307Fancy FarmKY42023
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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 Fancy Farm at 4400 State Route 307, Fancy Farm, KY, 42023 generates $1,147/mo in rent and, after a $856/mo payment, leaves $83/mo in cash flow. Total monthly income is $1,147/mo, and annual cash flow is $991/yr on $57,979 invested. Return on cash invested sits at 21.62% in year one, and rental yield is 7.87% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 111.91% and total cumulative return in cash sums $64,884. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,147/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42023, Bardwell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,191 (100%) |
| Owner Occupied HU | 822 (69.0%) |
| Renter Occupied HU | 223 (18.7%) |
| Vacant Housing Units | 146 (12.3%) |
| Median Home Value | $153,285 |
| Average Home Value | $200,614 |
Housing Distribution
Address Breakdown
Residential
930
Single Family
930
Multi-Family
0
Businesses
77
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Listed by: Drew Harrison • Arnold Realty Group
Mls Name: WKRMLS
Mls ID: #134837