511 Old Mining City RdBeaver 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
Investment property for sale in Beaver Dam at 511 Old Mining City Rd, Beaver Dam, KY, 42320 earns $870/mo cash flow from $3,000/mo rent with a $1,713/mo payment. Total monthly income totals $3,000/mo, and annual cash flow totals $10,440/yr on $115,992 capital. ROI tracks 28.91% on current figures, and rental yield reads 10.29% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 151.02% and total cumulative return in cash sums $175,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Single Family
Built in 1962
29.19 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: Brad J Hockenberry • Keller Williams Elite
Mls Name: GLARMLS
Mls ID: #1706745