5493 E Us Highway 62Beaver DamKY42320
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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 Beaver Dam at 5493 E Us Highway 62, Beaver Dam, KY, 42320 offers a 9.04% rental yield on a $174,900 purchase with $1,318/mo rent. Total monthly income registers $1,318/mo, and a $856/mo payment leaves $254/mo available for distribution. Annual cash flow reaches $3,043/yr on $57,979 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 130.87% and total cumulative return in cash at $75,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,318/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42320, Beaver Dam, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,152 (64.2%) |
| Renter Occupied HU | 915 (27.3%) |
| Vacant Housing Units | 285 ( 8.5%) |
| Median Home Value | $151,118 |
| Average Home Value | $181,388 |
Housing Distribution
Address Breakdown
Residential
3,380
Single Family
3,377
Multi-Family
3
Businesses
244
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Listed by: Jaclyn Midkiff • TRIPLE CROWN REALTY GROUP, LLC
Mls Name: Greater Owensboro Realtor Association
Mls ID: #93758