626 E 2nd StAugustaKY41002
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Nearby investment properties with comparable prices
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 Augusta at 626 E 2nd St, Augusta, KY, 41002 listed at $124,900 pairs $978/mo rent with a $611/mo payment to leave $218/mo cash flow. Total monthly income runs $978/mo, and annual cash flow reaches $2,618/yr on $41,404 cash to close. Return on cash invested measures 26.23% in year one, and rental yield registers 9.4% at a $124,900 basis. Equity gained on principal adds $806/yr, and annual property appreciation at 5% supports $34,508 by year five. Five-year ROI tracks 136.7% and total cumulative return in cash totals $56,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $978/mo property income relative to a $611/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41002, Augusta, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 724 (61.2%) |
| Renter Occupied HU | 323 (27.3%) |
| Vacant Housing Units | 136 (11.5%) |
| Median Home Value | $129,545 |
| Average Home Value | $230,010 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,057
Multi-Family
24
Businesses
74
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Listed by: Patty DeSha • Howard Hanna Real Estate Services
Mls Name: NKMLS
Mls Provider:
Mls ID: #632773
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