900 State Highway 1938BoonevilleKY41314
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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 Booneville at 900 State Highway 1938, Booneville, KY, 41314 generates $0/mo in rent, after a $609/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.11% in year one, and rental yield is 0% on a $124,500 entry. Equity gained on principal adds $803/yr, while 5% annual appreciation builds toward $34,397 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
3 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jimmy Trent • Paragon Realty Partners
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24017073
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.