109 Virginia DrAuburnKY42206
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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 Auburn at 109 Virginia Dr, Auburn, KY, 42206 priced at $287,900 converts $1,993/mo rent into $241/mo cash flow after a $1,409/mo obligation. Total monthly income equals $1,993/mo, and annual cash flow totals $2,891/yr on $95,439 invested. Return on cash invested prints 22.94% in year one, and rental yield reads 8.31% against a $287,900 entry. Equity gained on principal adds $1,858/yr, while 5% annual appreciation compiles into $79,541 by year five. Five-year ROI reaches 118.95% and total cumulative return in cash sums $113,525. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,993/mo property income covering a $1,409/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42206, Auburn, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,535 (100%) |
| Owner Occupied HU | 1,778 (70.1%) |
| Renter Occupied HU | 578 (22.8%) |
| Vacant Housing Units | 179 ( 7.1%) |
| Median Home Value | $173,171 |
| Average Home Value | $208,715 |
Housing Distribution
Address Breakdown
Residential
2,319
Single Family
2,319
Multi-Family
0
Businesses
93
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Listed by: Chandler Bruner • Haley Auctions and Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20244522
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.