462 E Main StInezKY41224
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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 Inez at 462 E Main St, Inez, KY, 41224 uses $36,134 cash to close to unlock $2,833/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $900/mo, and a $534/mo payment keeps the spread at $236/mo. Purchase price stands at $109,000, and rental yield measures 9.91% with $900/mo rent. Return on cash invested shows 27.75% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 144.89% and total cumulative return in cash records $52,354. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $900/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1930
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41224, Inez, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,364 (67.2%) |
| Renter Occupied HU | 350 (17.2%) |
| Vacant Housing Units | 316 (15.6%) |
| Median Home Value | $107,367 |
| Average Home Value | $117,386 |
Housing Distribution
Address Breakdown
Residential
1,177
Single Family
1,152
Multi-Family
25
Businesses
139
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