7739 Highway 2830MaceoKY42355
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
Investment property for sale in Maceo at 7739 Highway 2830, Maceo, KY, 42355 offers a 8.18% rental yield on a $139,900 purchase with $954/mo rent. Total monthly income registers $954/mo, and a $685/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,227/yr on $46,377 to close, and return on cash invested stands at 22.56% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 116.99% and total cumulative return in cash at $54,255. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $954/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42355, Maceo, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 819 (100%) |
| Owner Occupied HU | 637 (77.8%) |
| Renter Occupied HU | 111 (13.6%) |
| Vacant Housing Units | 71 ( 8.7%) |
| Median Home Value | $225,276 |
| Average Home Value | $262,512 |
Housing Distribution
Address Breakdown
Residential
727
Single Family
727
Multi-Family
0
Businesses
22
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Listed by: Justin Rightmyer • GREATER OWENSBORO REALTY COMPANY
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92355
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.