115 Highland DrFlemingsburgKY41041
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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 Flemingsburg at 115 Highland Dr, Flemingsburg, KY, 41041 priced at $249,000 pairs $1,648/mo rent with $132/mo cash flow after a $1,219/mo payment. Total monthly income equals $1,648/mo, and annual cash flow comes to $1,587/yr on $82,544 invested. Return on cash invested is 21.83% in year one, and rental yield stands at 7.94% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. Five-year ROI measures 113.06% and total cumulative return in cash reaches $93,320. For financing, Ziffy Mortgage’s DSCR program evaluates $1,648/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41041, Flemingsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,368 (100%) |
| Owner Occupied HU | 2,213 (65.7%) |
| Renter Occupied HU | 807 (24.0%) |
| Vacant Housing Units | 348 (10.3%) |
| Median Home Value | $151,359 |
| Average Home Value | $196,042 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,201
Multi-Family
12
Businesses
293
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Listed by: Sue Holt • Diamond Realty
Mls Name: Buffalo Trace MLS
Mls ID: #43820
Disclaimer: Copyright Buffalo Trace Multi List Service. All rights reserved. Information is deemed reliable but not guaranteed.