816 Mitchell RdBurnaKY42028
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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 Burna at 816 Mitchell Rd, Burna, KY, 42028 uses $48,068 cash to close to unlock $14,727/yr annual cash flow and $1,227/mo monthly cash flow. Total monthly income runs $2,110/mo, and a $710/mo payment keeps the spread at $1,227/mo. Purchase price stands at $145,000, and rental yield measures 17.46% with $2,110/mo rent. Return on cash invested shows 50.55% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 267.07% and total cumulative return in cash records $128,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,110/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1961
14.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42028, Burna, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 300 (100%) |
| Owner Occupied HU | 203 (67.7%) |
| Renter Occupied HU | 38 (12.7%) |
| Vacant Housing Units | 59 (19.7%) |
| Median Home Value | $110,833 |
| Average Home Value | $266,121 |
Housing Distribution
Address Breakdown
Residential
236
Single Family
236
Multi-Family
0
Businesses
7
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Listed by: Reese Johnson • Keller Williams Experience Realty Paducah Branch
Mls Name: WKRMLS
Mls ID: #128786
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.