698 Rowletts RdHorse CaveKY42749
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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
Investment property for sale in Horse Cave at 698 Rowletts Rd, Horse Cave, KY, 42749 offers a 9.11% rental yield on a $329,950 purchase with $2,506/mo rent. Total monthly income registers $2,506/mo, and a $1,615/mo payment leaves $498/mo available for distribution. Annual cash flow reaches $5,974/yr on $109,378 to close, and return on cash invested stands at 25.37% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,159 over five years. Portfolio math shows five-year ROI at 131.99% and total cumulative return in cash at $144,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,506/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
2.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42749, Horse Cave, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,652 (100%) |
| Owner Occupied HU | 1,550 (58.4%) |
| Renter Occupied HU | 721 (27.2%) |
| Vacant Housing Units | 381 (14.4%) |
| Median Home Value | $154,915 |
| Average Home Value | $189,050 |
Housing Distribution
Address Breakdown
Residential
2,428
Single Family
2,368
Multi-Family
60
Businesses
165
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Listed by: Alicia Mcclure • Legacy Property Group
Mls Name: South Central Kentucky AOR
Mls ID: #SC47586