508 Main StHazelKY42049
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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
Rental property for sale in Hazel at 508 Main St, Hazel, KY, 42049 generates $1,224/mo in rent and, after a $734/mo payment, leaves $311/mo in cash flow. Total monthly income is $1,224/mo, and annual cash flow is $3,735/yr on $49,725 invested. Return on cash invested sits at 27.42% in year one, and rental yield is 9.79% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 143.07% and total cumulative return in cash sums $71,142. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,224/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42049, Hazel, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 581 (68.9%) |
| Renter Occupied HU | 135 (16.0%) |
| Vacant Housing Units | 127 (15.1%) |
| Median Home Value | $218,094 |
| Average Home Value | $225,353 |
Housing Distribution
Address Breakdown
Residential
721
Single Family
721
Multi-Family
0
Businesses
24
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Listed by: Angelia Fry • Elite Realty Branch Murray
Mls Name: WKRMLS
Mls ID: #132816
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.