604 E Lexington StHarrodsburgKY40330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Harrodsburg at 604 E Lexington St, Harrodsburg, KY, 40330 with 5% annual appreciation on a $265,000 basis while $2,431/mo rent supports operations. Total monthly income totals $2,431/mo and a $1,297/mo payment preserves $818/mo for cash returns. Annual cash flow comes to $9,819/yr on $87,848 deployed, and return on cash invested reaches 31.09% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 11.01%. Five-year ROI measures 162.68% and total cumulative return in cash totals $142,911.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,431/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.51 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christie Welch • Welchomes Real Estate
Mls Name: Imagine MLS
Mls ID: #25507708