679 New Hope Church RdBarbourvilleKY40906
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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 Barbourville at 679 New Hope Church Rd, Barbourville, KY, 40906 priced at $550,000 converts $1,362/mo rent into after a $2,692/mo obligation. Total monthly income equals $1,362/mo. Return on cash invested prints 6.89% in year one, and rental yield reads 2.97% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 32.89% and total cumulative return in cash sums $59,506. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,362/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1950
55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40906, Barbourville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,006 (100%) |
| Owner Occupied HU | 2,721 (54.4%) |
| Renter Occupied HU | 1,678 (33.5%) |
| Vacant Housing Units | 607 (12.1%) |
| Median Home Value | $154,202 |
| Average Home Value | $177,483 |
Housing Distribution
Address Breakdown
Residential
4,148
Single Family
4,126
Multi-Family
22
Businesses
446
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Listed by: Brandy Noe • Revolution Realty, LLC
Mls Name: Imagine MLS
Mls ID: #26001380