11571 & 11593 State Highway 11OneidaKY40972
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 Oneida at 11571 & 11593 State Highway 11, Oneida, KY, 40972 listed at $295,000 pairs $1,984/mo rent with a $1,444/mo payment to leave $188/mo cash flow. Total monthly income runs $1,984/mo, and annual cash flow reaches $2,262/yr on $97,793 cash to close. Return on cash invested measures 22.22% in year one, and rental yield registers 8.07% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 115.13% and total cumulative return in cash totals $112,586. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,984/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in N/A
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40972, Oneida, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 629 (100%) |
| Owner Occupied HU | 371 (59.0%) |
| Renter Occupied HU | 112 (17.8%) |
| Vacant Housing Units | 146 (23.2%) |
| Median Home Value | $60,517 |
| Average Home Value | $100,869 |
Housing Distribution
Address Breakdown
Residential
599
Single Family
599
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tabitha House • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24026453
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.