490 High StLewisportKY42351
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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 Lewisport at 490 High St, Lewisport, KY, 42351 listed at $319,900 pairs $2,440/mo rent with a $1,566/mo payment to leave $493/mo cash flow. Total monthly income runs $2,440/mo, and annual cash flow reaches $5,913/yr on $106,047 cash to close. Return on cash invested measures 25.49% in year one, and rental yield registers 9.15% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 132.61% and total cumulative return in cash totals $140,624. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,440/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42351, Lewisport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,908 (100%) |
| Owner Occupied HU | 1,294 (67.8%) |
| Renter Occupied HU | 443 (23.2%) |
| Vacant Housing Units | 171 ( 9.0%) |
| Median Home Value | $184,491 |
| Average Home Value | $198,431 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
86
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