54 Hardinville RdInezKY41224
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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 Inez at 54 Hardinville Rd, Inez, KY, 41224 generates $1,411/mo in rent and, after a $489/mo payment, leaves $803/mo in cash flow. Total monthly income is $1,411/mo, and annual cash flow is $9,634/yr on $33,150 invested. Return on cash invested sits at 48.97% in year one, and rental yield is 16.93% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 258.51% and total cumulative return in cash sums $85,696. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,411/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41224, Inez, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,364 (67.2%) |
| Renter Occupied HU | 350 (17.2%) |
| Vacant Housing Units | 316 (15.6%) |
| Median Home Value | $107,367 |
| Average Home Value | $117,386 |
Housing Distribution
Address Breakdown
Residential
1,177
Single Family
1,152
Multi-Family
25
Businesses
139
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Listed by: Vineta Maynard • Realty Exchange
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #122105
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.