108 Shady LnBereaKY40403
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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 Berea at 108 Shady Ln, Berea, KY, 40403 priced at $127,500 converts $1,045/mo rent into $269/mo cash flow after a $624/mo obligation. Total monthly income equals $1,045/mo, and annual cash flow totals $3,229/yr on $42,266 invested. Return on cash invested prints 27.55% in year one, and rental yield reads 9.84% against a $127,500 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation compiles into $35,226 by year five. Five-year ROI reaches 143.8% and total cumulative return in cash sums $60,778. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,045/mo property income covering a $624/mo payment, not borrower’s personal income.
Manufactured
Built in N/A
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40403, Berea, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,224 (100%) |
| Owner Occupied HU | 7,789 (63.7%) |
| Renter Occupied HU | 3,605 (29.5%) |
| Vacant Housing Units | 830 ( 6.8%) |
| Median Home Value | $241,988 |
| Average Home Value | $265,708 |
Housing Distribution
Address Breakdown
Residential
11,527
Single Family
11,470
Multi-Family
57
Businesses
755
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Listed by: Robin Mobley-Mosher • Marshall Lane Real Estate - Lexington
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24022546
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.