508 N Lafayette StBeaver DamKY42320
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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 Beaver Dam at 508 N Lafayette St, Beaver Dam, KY, 42320 priced at $239,900 pairs $1,322/mo rent with after a $1,174/mo payment. Total monthly income equals $1,322/mo. Return on cash invested is 17.83% in year one, and rental yield stands at 6.61% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 91.6% and total cumulative return in cash reaches $72,847. For financing, Ziffy Mortgage’s DSCR program evaluates $1,322/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42320, Beaver Dam, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,152 (64.2%) |
| Renter Occupied HU | 915 (27.3%) |
| Vacant Housing Units | 285 ( 8.5%) |
| Median Home Value | $151,118 |
| Average Home Value | $181,388 |
Housing Distribution
Address Breakdown
Residential
3,380
Single Family
3,377
Multi-Family
3
Businesses
244
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Listed by: Ashley Maddox • Five Star Realty
Mls Name: My State MLS
Mls ID: #11471711