700 Sycamore StMurrayKY42071
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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 Murray at 700 Sycamore St, Murray, KY, 42071 uses $51,383 cash to close to unlock $2,055/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $1,115/mo, and a $759/mo payment keeps the spread at $171/mo. Purchase price stands at $155,000, and rental yield measures 8.63% with $1,115/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 124.21% and total cumulative return in cash records $63,820. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,115/mo property income covering a $759/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42071, Murray, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,483 (100%) |
| Owner Occupied HU | 7,472 (51.6%) |
| Renter Occupied HU | 4,770 (32.9%) |
| Vacant Housing Units | 2,241 (15.5%) |
| Median Home Value | $209,592 |
| Average Home Value | $236,806 |
Housing Distribution
Address Breakdown
Residential
13,516
Single Family
13,373
Multi-Family
143
Businesses
1,391
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