1160 Burnetts Chapel RdFarmingtonKY42040
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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 Farmington at 1160 Burnetts Chapel Rd, Farmington, KY, 42040 earns $401/mo cash flow from $1,192/mo rent with a $636/mo payment. Total monthly income totals $1,192/mo, and annual cash flow totals $4,813/yr on $43,095 capital. ROI tracks 31.08% on current figures, and rental yield reads 11% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 162.74% and total cumulative return in cash sums $70,131. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,192/mo property income instead of your personal income.
Manufactured
Built in N/A
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42040, Farmington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 502 (100%) |
| Owner Occupied HU | 351 (69.9%) |
| Renter Occupied HU | 113 (22.5%) |
| Vacant Housing Units | 38 ( 7.6%) |
| Median Home Value | $191,518 |
| Average Home Value | $237,393 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
485
Multi-Family
1
Businesses
17
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Listed by: Sarah Colston • Markethouse Realty, PLLC
Mls Name: WKRMLS
Mls ID: #130067
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.