11940 Liberty RdElk HornKY42733
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 Elk Horn at 11940 Liberty Rd, Elk Horn, KY, 42733 earns $262/mo cash flow from $2,240/mo rent with a $1,591/mo payment. Total monthly income totals $2,240/mo, and annual cash flow totals $3,141/yr on $107,738 capital. ROI tracks 22.82% on current figures, and rental yield reads 8.27% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 118.34% and total cumulative return in cash sums $127,501. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,240/mo property income instead of your personal income.
Single Family
Built in 2008
29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42733, Elk Horn, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 666 (100%) |
| Owner Occupied HU | 461 (69.2%) |
| Renter Occupied HU | 114 (17.1%) |
| Vacant Housing Units | 91 (13.7%) |
| Median Home Value | $171,284 |
| Average Home Value | $213,238 |
Housing Distribution
Address Breakdown
Residential
568
Single Family
568
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Renee R Dobson • RENEE DOBSON REALTY GROUP, LLC
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24002794
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.