441 Magoffin AveHarrodsburgKY40330
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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 Harrodsburg at 441 Magoffin Ave, Harrodsburg, KY, 40330 priced at $124,900 pairs $1,237/mo rent with $477/mo cash flow after a $611/mo payment. Total monthly income equals $1,237/mo, and annual cash flow comes to $5,726/yr on $41,404 invested. Return on cash invested is 33.74% in year one, and rental yield stands at 11.88% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 176.93% and total cumulative return in cash reaches $73,258. For financing, Ziffy Mortgage’s DSCR program evaluates $1,237/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40330, Harrodsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,932 (100%) |
| Owner Occupied HU | 6,453 (65.0%) |
| Renter Occupied HU | 2,342 (23.6%) |
| Vacant Housing Units | 1,137 (11.4%) |
| Median Home Value | $225,704 |
| Average Home Value | $265,215 |
Housing Distribution
Address Breakdown
Residential
9,031
Single Family
8,900
Multi-Family
131
Businesses
590
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Listed by: Marcus Warren • Welchomes Real Estate
Mls Name: Imagine MLS
Mls ID: #25504769