10671 Highway 902 EFredoniaKY42411
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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
Total monthly income runs $990/mo, and a $857/mo payment. Purchase price stands at $175,000, and rental yield measures 6.79% with $990/mo rent. Return on cash invested shows 18.35% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 94.4% and total cumulative return in cash records $54,763. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $990/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42411, Fredonia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 682 (100%) |
| Owner Occupied HU | 524 (76.8%) |
| Renter Occupied HU | 63 ( 9.2%) |
| Vacant Housing Units | 95 (13.9%) |
| Median Home Value | $157,018 |
| Average Home Value | $215,892 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
49
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