6284 N Highway 1247Science HillKY42553
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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 Science Hill at 6284 N Highway 1247, Science Hill, KY, 42553 generates $1,304/mo in rent and, after a $788/mo payment, leaves $324/mo in cash flow. Total monthly income is $1,304/mo, and annual cash flow is $3,891/yr on $53,338 invested. Return on cash invested sits at 27.2% in year one, and rental yield is 9.73% on a $160,900 entry. Equity gained on principal adds $1,038/yr, while 5% annual appreciation builds toward $44,454 over five years. Five-year ROI reaches 141.91% and total cumulative return in cash sums $75,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,304/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42553, Science Hill, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,448 (100%) |
| Owner Occupied HU | 1,660 (67.8%) |
| Renter Occupied HU | 488 (19.9%) |
| Vacant Housing Units | 300 (12.3%) |
| Median Home Value | $187,195 |
| Average Home Value | $259,854 |
Housing Distribution
Address Breakdown
Residential
2,162
Single Family
2,162
Multi-Family
0
Businesses
67
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Listed by: Kathy Dick • Premier Properties Of Lake Cumberland, Inc.
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24022092
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.