5110 Main StClay CityKY40312
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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 Clay City at 5110 Main St, Clay City, KY, 40312 priced at $115,500 converts $872/mo rent into $169/mo cash flow after a $565/mo obligation. Total monthly income equals $872/mo, and annual cash flow totals $2,032/yr on $38,288 invested. Return on cash invested prints 25.22% in year one, and rental yield reads 9.06% against a $115,500 entry. Equity gained on principal adds $745/yr, while 5% annual appreciation compiles into $31,911 by year five. Five-year ROI reaches 131.28% and total cumulative return in cash sums $50,266. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $872/mo property income covering a $565/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40312, Clay City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,577 (100%) |
| Owner Occupied HU | 1,670 (64.8%) |
| Renter Occupied HU | 644 (25.0%) |
| Vacant Housing Units | 263 (10.2%) |
| Median Home Value | $178,030 |
| Average Home Value | $208,909 |
Housing Distribution
Address Breakdown
Residential
2,313
Single Family
2,313
Multi-Family
0
Businesses
109
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Listed by: A. Rebecca Woods • Woods Realty Group
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #23013528
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.