1060 Oakwood Ct APT 3IndependenceKY41051
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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 Independence at 1060 Oakwood Ct APT 3, Independence, KY, 41051 earns $486/mo cash flow from $1,666/mo rent with a $734/mo payment. Total monthly income totals $1,666/mo, and annual cash flow totals $5,835/yr on $49,725 capital. ROI tracks 31.64% on current figures, and rental yield reads 13.33% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 168.05% and total cumulative return in cash sums $83,562. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,666/mo property income instead of your personal income.
Condo
Built in N/A
871.20 sqft lot
$N/A/sqft
$267 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41051, Independence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,467 (100%) |
| Owner Occupied HU | 9,379 (81.8%) |
| Renter Occupied HU | 1,783 (15.5%) |
| Vacant Housing Units | 305 ( 2.7%) |
| Median Home Value | $266,323 |
| Average Home Value | $300,312 |
Housing Distribution
Address Breakdown
Residential
11,820
Single Family
11,350
Multi-Family
470
Businesses
356
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Listed by: Benjamin Walling • Cahill Real Estate Services
Mls Name: NKMLS
Mls Provider:
Mls ID: #634876
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