504 W Main StLeitchfieldKY42754
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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 Leitchfield at 504 W Main St, Leitchfield, KY, 42754 offers a 11.52% rental yield on a $139,900 purchase with $1,343/mo rent. Total monthly income registers $1,343/mo, and a $685/mo payment leaves $491/mo available for distribution. Annual cash flow reaches $5,895/yr on $46,377 to close, and return on cash invested stands at 32.62% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 170.96% and total cumulative return in cash at $79,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,343/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42754, Leitchfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,578 (100%) |
| Owner Occupied HU | 4,560 (60.2%) |
| Renter Occupied HU | 1,838 (24.3%) |
| Vacant Housing Units | 1,180 (15.6%) |
| Median Home Value | $200,527 |
| Average Home Value | $235,996 |
Housing Distribution
Address Breakdown
Residential
7,047
Single Family
7,047
Multi-Family
0
Businesses
465
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Listed by: Lisa Armstrong • FHRA, Inc.
Mls Name: GLARMLS
Mls ID: #1704318