110 Journeys End Rd EStearnsKY42647
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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 Stearns at 110 Journeys End Rd E, Stearns, KY, 42647 offers $2,083/mo rent that, after a $1,463/mo payment, leaves $264/mo cash flow. Total monthly income is $2,083/mo, and annual cash flow is $3,164/yr on $99,119 cash. Return on cash invested measures 23.1% in year one, and rental yield stands at 8.36% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 119.82% and total cumulative return in cash reaches $118,762. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,083/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42647, Stearns, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,152 (67.4%) |
| Renter Occupied HU | 343 (20.1%) |
| Vacant Housing Units | 214 (12.5%) |
| Median Home Value | $101,594 |
| Average Home Value | $132,556 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,168
Multi-Family
0
Businesses
45
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