611 Harvard DrElizabethtownKY42701
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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 Elizabethtown at 611 Harvard Dr, Elizabethtown, KY, 42701 priced at $325,000 pairs $2,328/mo rent with $350/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,328/mo, and annual cash flow comes to $4,197/yr on $107,738 invested. Return on cash invested is 23.8% in year one, and rental yield stands at 8.6% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 123.59% and total cumulative return in cash reaches $133,153. For financing, Ziffy Mortgage’s DSCR program evaluates $2,328/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42701, Elizabethtown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,939 (100%) |
| Owner Occupied HU | 14,459 (58.0%) |
| Renter Occupied HU | 8,441 (33.8%) |
| Vacant Housing Units | 2,039 ( 8.2%) |
| Median Home Value | $285,806 |
| Average Home Value | $315,613 |
Housing Distribution
Address Breakdown
Residential
23,162
Single Family
22,694
Multi-Family
468
Businesses
1,879
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Listed by: The Brantingham Group Team • KELLER WILLIAMS HEARTLAND
Mls Name: HKMLS
Mls ID: #HK2600059