612 S Main StHarlanKY40831
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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 Harlan at 612 S Main St, Harlan, KY, 40831 uses $63,648 cash to close to unlock $5,330/yr annual cash flow and $444/mo monthly cash flow. Total monthly income runs $1,613/mo, and a $940/mo payment keeps the spread at $444/mo. Purchase price stands at $192,000, and rental yield measures 10.08% with $1,613/mo rent. Return on cash invested shows 28.28% in year one, and 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 147.67% and total cumulative return in cash records $93,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,613/mo property income covering a $940/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40831, Harlan, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,708 (100%) |
| Owner Occupied HU | 1,417 (52.3%) |
| Renter Occupied HU | 967 (35.7%) |
| Vacant Housing Units | 324 (12.0%) |
| Median Home Value | $155,653 |
| Average Home Value | $177,576 |
Housing Distribution
Address Breakdown
Residential
2,021
Single Family
1,945
Multi-Family
76
Businesses
436
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Listed by: Elizabeth Mills • Huddleston Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007946
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.