542 Pirates Cove RdHardinKY42048
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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 Hardin at 542 Pirates Cove Rd, Hardin, KY, 42048 uses $81,748 cash to close to unlock $6,098/yr annual cash flow and $508/mo monthly cash flow. Total monthly income runs $2,009/mo, and a $1,207/mo payment keeps the spread at $508/mo. Purchase price stands at $246,600, and rental yield measures 9.78% with $2,009/mo rent. Return on cash invested shows 27.37% in year one, and 5% annual appreciation builds toward $68,131 over five years. Five-year ROI reaches 142.74% and total cumulative return in cash records $116,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,009/mo property income covering a $1,207/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42048, Hardin, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,321 (100%) |
| Owner Occupied HU | 801 (60.6%) |
| Renter Occupied HU | 202 (15.3%) |
| Vacant Housing Units | 318 (24.1%) |
| Median Home Value | $128,864 |
| Average Home Value | $170,587 |
Housing Distribution
Address Breakdown
Residential
1,049
Single Family
1,049
Multi-Family
0
Businesses
58
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