4887 N State Highway 11CannonKY40923
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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 Cannon at 4887 N State Highway 11, Cannon, KY, 40923 uses $69,615 cash to close to unlock $6,321/yr annual cash flow and $527/mo monthly cash flow. Total monthly income runs $1,805/mo, and a $1,028/mo payment keeps the spread at $527/mo. Purchase price stands at $210,000, and rental yield measures 10.31% with $1,805/mo rent. Return on cash invested shows 28.99% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 151.4% and total cumulative return in cash records $105,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,805/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40923, Cannon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 281 (72.1%) |
| Renter Occupied HU | 82 (21.0%) |
| Vacant Housing Units | 27 ( 6.9%) |
| Median Home Value | $124,038 |
| Average Home Value | $159,858 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
1
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