9340 Highway 587Mc KeeKY40447
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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 Mc Kee at 9340 Highway 587, Mc Kee, KY, 40447 generates $977/mo in rent, after a $1,023/mo payment. Total monthly income is $977/mo. Return on cash invested sits at 14.8% in year one, and rental yield is 5.61% on a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 75.29% and total cumulative return in cash sums $52,166. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $977/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40447, Mc Kee, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,289 (100%) |
| Owner Occupied HU | 2,160 (65.7%) |
| Renter Occupied HU | 685 (20.8%) |
| Vacant Housing Units | 444 (13.5%) |
| Median Home Value | $128,906 |
| Average Home Value | $150,468 |
Housing Distribution
Address Breakdown
Residential
3,316
Single Family
3,256
Multi-Family
60
Businesses
166
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