Allen Farm LnCloverportKY40111
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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 Cloverport at Allen Farm Ln, Cloverport, KY, 40111 priced at $825,000 pairs $2,276/mo rent with after a $4,038/mo payment. Total monthly income equals $2,276/mo. Return on cash invested is 7.92% in year one, and rental yield stands at 3.31% on a $825,000 basis. Equity gained on principal adds $5,324/yr, and 5% annual appreciation accumulates to $227,932 by year five. Five-year ROI measures 38.4% and total cumulative return in cash reaches $104,217. For financing, Ziffy Mortgage’s DSCR program evaluates $2,276/mo property income against a $4,038/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
142 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40111, Cloverport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 794 (100%) |
| Owner Occupied HU | 539 (67.9%) |
| Renter Occupied HU | 167 (21.0%) |
| Vacant Housing Units | 88 (11.1%) |
| Median Home Value | $123,645 |
| Average Home Value | $145,172 |
Housing Distribution
Address Breakdown
Residential
731
Single Family
643
Multi-Family
88
Businesses
24
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Listed by: Randy S Hayden • CHANGE OF PLACE REAL ESTATE, LLC
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #90753
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.