51 Vanmeter RdLeitchfieldKY42754
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
Investment property for sale in Leitchfield at 51 Vanmeter Rd, Leitchfield, KY, 42754 offers a 9.96% rental yield on a $122,900 purchase with $1,020/mo rent. Total monthly income registers $1,020/mo, and a $602/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,258/yr on $40,741 to close, and return on cash invested stands at 27.91% in year one. Equity gained on principal adds $793/yr while 5% annual appreciation supports $33,955 over five years. Portfolio math shows five-year ROI at 145.66% and total cumulative return in cash at $59,346. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,020/mo property income against a $602/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
1.70 Acres 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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Nearby investment properties with comparable prices
Listed by: Dana Stewart • Welcome Home Realty Group
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1685854
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