741 Highway 89 SMckeeKY40447
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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 Mckee at 741 Highway 89 S, Mckee, KY, 40447 generates $1,159/mo in rent, after a $1,542/mo payment. Total monthly income is $1,159/mo. Return on cash invested sits at 11.19% in year one, and rental yield is 4.42% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 55.99% and total cumulative return in cash sums $58,469. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,159/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
6.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40447, Mc Kee, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,289 (100%) |
| Owner Occupied HU | 2,160 (65.7%) |
| Renter Occupied HU | 685 (20.8%) |
| Vacant Housing Units | 444 (13.5%) |
| Median Home Value | $128,906 |
| Average Home Value | $150,468 |
Housing Distribution
Address Breakdown
Residential
3,316
Single Family
3,256
Multi-Family
60
Businesses
166
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Listed by: April Thomas • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006867
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.