6288 Us Highway 60 WMarionKY42064
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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 Marion at 6288 Us Highway 60 W, Marion, KY, 42064 generates $1,180/mo in rent, after a $952/mo payment. Total monthly income is $1,180/mo. Return on cash invested sits at 19.84% in year one, and rental yield is 7.28% on a $194,500 entry. Equity gained on principal adds $1,255/yr, while 5% annual appreciation builds toward $53,737 over five years. Five-year ROI reaches 102.38% and total cumulative return in cash sums $66,009. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,180/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42064, Marion, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,966 (100%) |
| Owner Occupied HU | 2,461 (62.1%) |
| Renter Occupied HU | 794 (20.0%) |
| Vacant Housing Units | 711 (17.9%) |
| Median Home Value | $138,755 |
| Average Home Value | $175,833 |
Housing Distribution
Address Breakdown
Residential
3,419
Single Family
3,417
Multi-Family
2
Businesses
265
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