9661 Cornishville RdHarrodsburgKY40330
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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 Harrodsburg at 9661 Cornishville Rd, Harrodsburg, KY, 40330 uses $56,355 cash to close to unlock $13,433/yr annual cash flow and $1,119/mo monthly cash flow. Total monthly income runs $2,154/mo, and a $832/mo payment keeps the spread at $1,119/mo. Purchase price stands at $170,000, and rental yield measures 15.2% with $2,154/mo rent. Return on cash invested shows 43.75% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 230.56% and total cumulative return in cash records $129,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40330, Harrodsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,932 (100%) |
| Owner Occupied HU | 6,453 (65.0%) |
| Renter Occupied HU | 2,342 (23.6%) |
| Vacant Housing Units | 1,137 (11.4%) |
| Median Home Value | $225,704 |
| Average Home Value | $265,215 |
Housing Distribution
Address Breakdown
Residential
9,031
Single Family
8,900
Multi-Family
131
Businesses
590
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Listed by: Bret Mcintosh • Keller Williams Legacy Group
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24020530
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.