606 S Ky Hwy #3438CannonKY40923
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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 Cannon at 606 S Ky Hwy #3438, Cannon, KY, 40923 generates $0/mo in rent, after a $1,288/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.13% in year one, and rental yield is 0% on a $263,100 entry. Equity gained on principal adds $1,698/yr, while 5% annual appreciation builds toward $72,690 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40923, Cannon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 281 (72.1%) |
| Renter Occupied HU | 82 (21.0%) |
| Vacant Housing Units | 27 ( 6.9%) |
| Median Home Value | $124,038 |
| Average Home Value | $159,858 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
1
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No similar rental properties found nearby.
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