1115 Woodburn Allen Springs RdWoodburnKY42170
Nearby investment properties with comparable rents
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
Investment property for sale in Woodburn at 1115 Woodburn Allen Springs Rd, Woodburn, KY, 42170 offers a 9.31% rental yield on a $149,900 purchase with $1,163/mo rent. Total monthly income registers $1,163/mo, and a $734/mo payment leaves $250/mo available for distribution. Annual cash flow reaches $3,004/yr on $49,692 to close, and return on cash invested stands at 25.96% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 135.21% and total cumulative return in cash at $67,187. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,163/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42170, Woodburn, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 455 (77.1%) |
| Renter Occupied HU | 92 (15.6%) |
| Vacant Housing Units | 43 ( 7.3%) |
| Median Home Value | $331,466 |
| Average Home Value | $366,462 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
577
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ken Waddell • RE/MAX Real Estate Executives
Mls Name: RASK
Mls Provider:
Mls ID: #RA20255020
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.