116 McCutchen CtAuburnKY42206
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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
Investment property for sale in Auburn at 116 McCutchen Ct, Auburn, KY, 42206 with 5% annual appreciation on a $374,900 basis while $2,765/mo rent supports operations. Total monthly income totals $2,765/mo and a $1,835/mo payment preserves $483/mo for cash returns. Annual cash flow comes to $5,799/yr on $124,279 deployed, and return on cash invested reaches 24.57% in year one. Equity gained on principal adds $2,419/yr, and five-year appreciation sums $103,578 alongside rental yield of 8.85%. Five-year ROI measures 127.76% and total cumulative return in cash totals $158,779.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,765/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
0.43 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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