627 W Broadway StEminenceKY40019
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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 Eminence at 627 W Broadway St, Eminence, KY, 40019 offers $1,219/mo rent that, after a $2,442/mo payment. Total monthly income is $1,219/mo. Return on cash invested measures 6.72% in year one, and rental yield stands at 2.93% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 32.02% and total cumulative return in cash reaches $52,962. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,219/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
19.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40019, Eminence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,728 (100%) |
| Owner Occupied HU | 1,084 (62.7%) |
| Renter Occupied HU | 569 (32.9%) |
| Vacant Housing Units | 75 ( 4.3%) |
| Median Home Value | $205,587 |
| Average Home Value | $251,402 |
Housing Distribution
Address Breakdown
Residential
1,687
Single Family
1,685
Multi-Family
2
Businesses
118
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