523 Leavette AveLeitchfieldKY42754
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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 Leitchfield at 523 Leavette Ave, Leitchfield, KY, 42754 offers $1,578/mo rent that, after a $905/mo payment, leaves $453/mo cash flow. Total monthly income is $1,578/mo, and annual cash flow is $5,432/yr on $61,294 cash. Return on cash invested measures 28.77% in year one, and rental yield stands at 10.24% at a $184,900 entry. Equity gained on principal adds $1,193/yr while 5% annual appreciation compounds into $51,084 by year five. Five-year ROI records 150.25% and total cumulative return in cash reaches $92,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,578/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42754, Leitchfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,578 (100%) |
| Owner Occupied HU | 4,560 (60.2%) |
| Renter Occupied HU | 1,838 (24.3%) |
| Vacant Housing Units | 1,180 (15.6%) |
| Median Home Value | $200,527 |
| Average Home Value | $235,996 |
Housing Distribution
Address Breakdown
Residential
7,047
Single Family
7,047
Multi-Family
0
Businesses
465
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Listed by: Myka Geary • Keller Williams Heartland
Mls Name: GLARMLS
Mls ID: #1704886