7310 State Route 945MelberKY42069
Nearby investment properties with comparable rents
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 Melber at 7310 State Route 945, Melber, KY, 42069 generates $2,485/mo in rent, after a $2,153/mo payment. Total monthly income is $2,485/mo. Return on cash invested sits at 18.33% in year one, and rental yield is 6.78% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 94.22% and total cumulative return in cash sums $137,403. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,485/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42069, Melber, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 452 (100%) |
| Owner Occupied HU | 332 (73.5%) |
| Renter Occupied HU | 71 (15.7%) |
| Vacant Housing Units | 49 (10.8%) |
| Median Home Value | $206,000 |
| Average Home Value | $246,890 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
407
Multi-Family
0
Businesses
10
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