867 Chadwell RdBoonevilleKY41314
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
Rental property for sale in Booneville at 867 Chadwell Rd, Booneville, KY, 41314 priced at $170,000 converts $1,180/mo rent into $145/mo cash flow after a $832/mo obligation. Total monthly income equals $1,180/mo, and annual cash flow totals $1,745/yr on $56,355 invested. Return on cash invested prints 23.01% in year one, and rental yield reads 8.33% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 119.35% and total cumulative return in cash sums $67,257. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,180/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41314, Booneville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,195 (62.0%) |
| Renter Occupied HU | 453 (23.5%) |
| Vacant Housing Units | 280 (14.5%) |
| Median Home Value | $95,391 |
| Average Home Value | $122,151 |
Housing Distribution
Address Breakdown
Residential
1,490
Single Family
1,466
Multi-Family
24
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Smith • SimpliHOM
Mls Name: Imagine MLS
Mls ID: #25501760