517 Henry StElizabethtownKY42701
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 Elizabethtown at 517 Henry St, Elizabethtown, KY, 42701 uses $67,957 cash to close to unlock $957/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $1,327/mo, and a $1,003/mo payment keeps the spread at $80/mo. Purchase price stands at $204,999, and rental yield measures 7.77% with $1,327/mo rent. Return on cash invested shows 21.32% in year one, and 5% annual appreciation builds toward $56,637 over five years. Five-year ROI reaches 110.27% and total cumulative return in cash records $74,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,327/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1964
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42701, Elizabethtown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,939 (100%) |
| Owner Occupied HU | 14,459 (58.0%) |
| Renter Occupied HU | 8,441 (33.8%) |
| Vacant Housing Units | 2,039 ( 8.2%) |
| Median Home Value | $285,806 |
| Average Home Value | $315,613 |
Housing Distribution
Address Breakdown
Residential
23,162
Single Family
22,694
Multi-Family
468
Businesses
1,879
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd A Weihe • DREAM J P Pirtle REALTORS
Mls Name: GLARMLS
Mls ID: #1705194