564 Dixon RdCadizKY42211
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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 Cadiz at 564 Dixon Rd, Cadiz, KY, 42211 priced at $325,000 converts $840/mo rent into after a $1,591/mo obligation. Total monthly income equals $840/mo. Return on cash invested prints 7.23% in year one, and rental yield reads 3.1% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 34.72% and total cumulative return in cash sums $37,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $840/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 2016
48.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42211, Cadiz, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,329 (100%) |
| Owner Occupied HU | 4,464 (60.9%) |
| Renter Occupied HU | 1,113 (15.2%) |
| Vacant Housing Units | 1,752 (23.9%) |
| Median Home Value | $216,968 |
| Average Home Value | $270,742 |
Housing Distribution
Address Breakdown
Residential
5,796
Single Family
5,760
Multi-Family
36
Businesses
358
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Listed by: Vanover Team C • GREATER OWENSBORO REALTY COMPANY
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #88173
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.