486 Mermie RdHardinKY42048
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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
Total monthly income runs $2,519/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 6.11% with $2,519/mo rent. Return on cash invested shows 16.3% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 83.36% and total cumulative return in cash records $136,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,519/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42048, Hardin, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,321 (100%) |
| Owner Occupied HU | 801 (60.6%) |
| Renter Occupied HU | 202 (15.3%) |
| Vacant Housing Units | 318 (24.1%) |
| Median Home Value | $128,864 |
| Average Home Value | $170,587 |
Housing Distribution
Address Breakdown
Residential
1,049
Single Family
1,049
Multi-Family
0
Businesses
58
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Listed by: Shelly Forgey • Keller Williams Experience Realty
Mls Name: WKRMLS
Mls ID: #131690
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