512 N Broad StBeaver 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 512 N Broad St, Beaver Dam, KY, 42320 uses $82,544 cash to close to unlock $2,259/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $1,704/mo, and a $1,219/mo payment keeps the spread at $188/mo. Purchase price stands at $249,000, and rental yield measures 8.21% with $1,704/mo rent. Return on cash invested shows 22.65% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 117.42% and total cumulative return in cash records $96,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,704/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.33 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: Collin Hargus • Five Star Realty
Mls Name: My State MLS
Mls ID: #11458832