809 N Broad StBeaver DamKY42320
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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 Beaver Dam at 809 N Broad St, Beaver Dam, KY, 42320 priced at $189,000 converts $1,320/mo rent into $170/mo cash flow after a $925/mo obligation. Total monthly income equals $1,320/mo, and annual cash flow totals $2,037/yr on $62,654 invested. Return on cash invested prints 23.16% in year one, and rental yield reads 8.38% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 120.16% and total cumulative return in cash sums $75,286. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42320, Beaver Dam, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,152 (64.2%) |
| Renter Occupied HU | 915 (27.3%) |
| Vacant Housing Units | 285 ( 8.5%) |
| Median Home Value | $151,118 |
| Average Home Value | $181,388 |
Housing Distribution
Address Breakdown
Residential
3,380
Single Family
3,377
Multi-Family
3
Businesses
244
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Listed by: Jim C Crews • L. STEVE CASTLEN, REALTORS
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92190
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.