804 Wallace AveLeitchfieldKY42754
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 Leitchfield at 804 Wallace Ave, Leitchfield, KY, 42754 at $165,000 posts ROI 25.45% with $252/mo cash flow from $1,257/mo rent. Total monthly income equals $1,257/mo, and annual cash flow records $3,028/yr on $54,698 to close. Return on cash invested measures 25.45% and rental yield reads 9.14% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 132.47% and total cumulative return in cash totals $72,455.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,257/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
0.35 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Beatty • exp Realty, LLC
Mls Name: Greater Owensboro Realtor Association
Mls ID: #93127