868 Broadway StBarlowKY42024
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 Barlow at 868 Broadway St, Barlow, KY, 42024 priced at $218,000 converts $1,669/mo rent into $342/mo cash flow after a $1,067/mo obligation. Total monthly income equals $1,669/mo, and annual cash flow totals $4,107/yr on $72,267 invested. Return on cash invested prints 25.59% in year one, and rental yield reads 9.19% against a $218,000 entry. Equity gained on principal adds $1,407/yr, while 5% annual appreciation compiles into $60,229 by year five. Five-year ROI reaches 133.22% and total cumulative return in cash sums $96,271. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,669/mo property income covering a $1,067/mo payment, not borrower’s personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42024, Barlow, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 471 (65.1%) |
| Renter Occupied HU | 155 (21.4%) |
| Vacant Housing Units | 97 (13.4%) |
| Median Home Value | $165,878 |
| Average Home Value | $179,151 |
Housing Distribution
Address Breakdown
Residential
471
Single Family
471
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices