106 Elk DrStamping GroundKY40379
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
Investment property for sale in Stamping Ground at 106 Elk Dr, Stamping Ground, KY, 40379 offers a 7.98% rental yield on a $379,900 purchase with $2,526/mo rent. Total monthly income registers $2,526/mo, and a $1,859/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,571/yr on $125,937 to close, and return on cash invested stands at 21.95% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 113.68% and total cumulative return in cash at $143,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,526/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40379, Stamping Ground, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,502 (100%) |
| Owner Occupied HU | 1,170 (77.9%) |
| Renter Occupied HU | 244 (16.2%) |
| Vacant Housing Units | 88 ( 5.9%) |
| Median Home Value | $301,587 |
| Average Home Value | $355,051 |
Housing Distribution
Address Breakdown
Residential
1,554
Single Family
1,554
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Weaver Hawkins • Omega Realty Company
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25501693
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.