1060 Veneable School RdBoonevilleKY41314
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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 Booneville at 1060 Veneable School Rd, Booneville, KY, 41314 offers $1,093/mo rent that, after a $534/mo payment, leaves $429/mo cash flow. Total monthly income is $1,093/mo, and annual cash flow is $5,149/yr on $36,134 cash. Return on cash invested measures 34.16% in year one, and rental yield stands at 12.03% at a $109,000 entry. Equity gained on principal adds $703/yr while 5% annual appreciation compounds into $30,115 by year five. Five-year ROI records 179.26% and total cumulative return in cash reaches $64,774. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,093/mo property income versus a $534/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41314, Booneville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,195 (62.0%) |
| Renter Occupied HU | 453 (23.5%) |
| Vacant Housing Units | 280 (14.5%) |
| Median Home Value | $95,391 |
| Average Home Value | $122,151 |
Housing Distribution
Address Breakdown
Residential
1,490
Single Family
1,466
Multi-Family
24
Businesses
99
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Listed by: Brianna Wallace • Dream Maker Realty, LLC
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24011068
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.