6199 Highway 421 SMckeeKY40447
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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 Mckee at 6199 Highway 421 S, Mckee, KY, 40447 uses $45,747 cash to close to unlock $4,687/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,230/mo, and a $675/mo payment keeps the spread at $391/mo. Purchase price stands at $138,000, and rental yield measures 10.7% with $1,230/mo rent. Return on cash invested shows 30.15% in year one, and 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 157.69% and total cumulative return in cash records $72,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,230/mo property income covering a $675/mo payment rather than investor’s personal income.
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40447, Mc Kee, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,289 (100%) |
| Owner Occupied HU | 2,160 (65.7%) |
| Renter Occupied HU | 685 (20.8%) |
| Vacant Housing Units | 444 (13.5%) |
| Median Home Value | $128,906 |
| Average Home Value | $150,468 |
Housing Distribution
Address Breakdown
Residential
3,316
Single Family
3,256
Multi-Family
60
Businesses
166
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Listed by: Cassandra Adams • Century 21 Pinnacle
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24019102
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.