528 S College StHarrodsburgKY40330
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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 Harrodsburg at 528 S College St, Harrodsburg, KY, 40330 priced at $160,000 converts $1,411/mo rent into $437/mo cash flow after a $783/mo obligation. Total monthly income equals $1,411/mo, and annual cash flow totals $5,248/yr on $53,040 invested. Return on cash invested prints 29.8% in year one, and rental yield reads 10.58% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 155.79% and total cumulative return in cash sums $82,634. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,411/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40330, Harrodsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,932 (100%) |
| Owner Occupied HU | 6,453 (65.0%) |
| Renter Occupied HU | 2,342 (23.6%) |
| Vacant Housing Units | 1,137 (11.4%) |
| Median Home Value | $225,704 |
| Average Home Value | $265,215 |
Housing Distribution
Address Breakdown
Residential
9,031
Single Family
8,900
Multi-Family
131
Businesses
590
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Listed by: E Rosalyn Drury • Welchomes Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24021609
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.