10630 Princeton RdCeruleanKY42215
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
Rental property for sale in Cerulean at 10630 Princeton Rd, Cerulean, KY, 42215 generates $2,406/mo in rent, after a $2,437/mo payment. Total monthly income is $2,406/mo. Return on cash invested sits at 15.37% in year one, and rental yield is 5.8% on a $497,900 entry. Equity gained on principal adds $3,213/yr, while 5% annual appreciation builds toward $137,561 over five years. Five-year ROI reaches 78.36% and total cumulative return in cash sums $129,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,406/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
5.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42215, Cerulean, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 520 (100%) |
| Owner Occupied HU | 415 (79.8%) |
| Renter Occupied HU | 56 (10.8%) |
| Vacant Housing Units | 49 ( 9.4%) |
| Median Home Value | $219,554 |
| Average Home Value | $235,289 |
Housing Distribution
Address Breakdown
Residential
482
Single Family
482
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
