509 S High StAdairvilleKY42202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Adairville at 509 S High St, Adairville, KY, 42202 offers $926/mo rent that, after a $534/mo payment, leaves $262/mo cash flow. Total monthly income is $926/mo, and annual cash flow is $3,145/yr on $36,134 cash. Return on cash invested measures 28.61% in year one, and rental yield stands at 10.19% at a $109,000 entry. Equity gained on principal adds $703/yr while 5% annual appreciation compounds into $30,115 by year five. Five-year ROI records 149.54% and total cumulative return in cash reaches $54,034. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $926/mo property income versus a $534/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42202, Adairville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,003 (100%) |
| Owner Occupied HU | 653 (65.1%) |
| Renter Occupied HU | 243 (24.2%) |
| Vacant Housing Units | 107 (10.7%) |
| Median Home Value | $199,250 |
| Average Home Value | $308,147 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
956
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Stewart • Cope & Associates Realty and A
Mls Name: RASK
Mls ID: #RA20254792