649 Obanion Rd TRACT 5MunfordvilleKY42765
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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
Rental property for sale in Munfordville at 649 Obanion Rd TRACT 5, Munfordville, KY, 42765 priced at $489,900 converts $3,371/mo rent into $389/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,371/mo, and annual cash flow totals $4,670/yr on $162,402 invested. Return on cash invested prints 22.78% in year one, and rental yield reads 8.26% against a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation compiles into $135,350 by year five. Five-year ROI reaches 118.14% and total cumulative return in cash sums $191,861. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,371/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 2013
16.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42765, Munfordville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,602 (100%) |
| Owner Occupied HU | 1,598 (61.4%) |
| Renter Occupied HU | 632 (24.3%) |
| Vacant Housing Units | 372 (14.3%) |
| Median Home Value | $178,512 |
| Average Home Value | $218,889 |
Housing Distribution
Address Breakdown
Residential
2,386
Single Family
2,386
Multi-Family
0
Businesses
207
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Listed by: Bobby Stephens • United Country Down Home Properties
Mls Name: My State MLS
Mls ID: #11234874