614 Highway 741StearnsKY42647
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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 Stearns at 614 Highway 741, Stearns, KY, 42647 earns from $1,342/mo rent with a $1,493/mo payment. Total monthly income totals $1,342/mo. ROI tracks 13.8% on current figures, and rental yield reads 5.28% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 69.99% and total cumulative return in cash sums $70,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,342/mo property income instead of your personal income.
Single Family
Built in 1985
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42647, Stearns, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,152 (67.4%) |
| Renter Occupied HU | 343 (20.1%) |
| Vacant Housing Units | 214 (12.5%) |
| Median Home Value | $101,594 |
| Average Home Value | $132,556 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,168
Multi-Family
0
Businesses
45
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Listed by: Devin Barker • Godby Realty & Auction
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24019869
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.