1080 Furnace Junction RdRavennaKY40472
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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 Ravenna at 1080 Furnace Junction Rd, Ravenna, KY, 40472 listed at $399,900 pairs $2,686/mo rent with a $1,957/mo payment to leave $252/mo cash flow. Total monthly income runs $2,686/mo, and annual cash flow reaches $3,029/yr on $132,567 cash to close. Return on cash invested measures 22.19% in year one, and rental yield registers 8.06% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 114.97% and total cumulative return in cash totals $152,408. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,686/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40472, Ravenna, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 445 (65.6%) |
| Renter Occupied HU | 127 (18.7%) |
| Vacant Housing Units | 106 (15.6%) |
| Median Home Value | $95,179 |
| Average Home Value | $112,904 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
736
Multi-Family
9
Businesses
38
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Listed by: Shayne Puckett • Trifecta Real Estate Experts
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24023732
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.