7642 Salt River RdLeitchfieldKY42754
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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 Leitchfield at 7642 Salt River Rd, Leitchfield, KY, 42754 uses $74,588 cash to close to unlock $1,270/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,475/mo, and a $1,101/mo payment keeps the spread at $106/mo. Purchase price stands at $225,000, and rental yield measures 7.87% with $1,475/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 111.84% and total cumulative return in cash records $83,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,475/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1988
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42754, Leitchfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,578 (100%) |
| Owner Occupied HU | 4,560 (60.2%) |
| Renter Occupied HU | 1,838 (24.3%) |
| Vacant Housing Units | 1,180 (15.6%) |
| Median Home Value | $200,527 |
| Average Home Value | $235,996 |
Housing Distribution
Address Breakdown
Residential
7,047
Single Family
7,047
Multi-Family
0
Businesses
465
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Listed by: Sarah B Heck • KELLER WILLIAMS HEARTLAND
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25003413
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.