512 Maxie CtNew HavenKY40051
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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 New Haven at 512 Maxie Ct, New Haven, KY, 40051 priced at $150,000 converts $1,409/mo rent into $496/mo cash flow after a $734/mo obligation. Total monthly income equals $1,409/mo, and annual cash flow totals $5,955/yr on $49,725 invested. Return on cash invested prints 31.88% in year one, and rental yield reads 11.27% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 166.99% and total cumulative return in cash sums $83,034. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,409/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40051, New Haven, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,045 (100%) |
| Owner Occupied HU | 1,501 (73.4%) |
| Renter Occupied HU | 369 (18.0%) |
| Vacant Housing Units | 175 ( 8.6%) |
| Median Home Value | $237,238 |
| Average Home Value | $262,980 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
55
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