12240 Hardyville RdCanmerKY42722
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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 Canmer at 12240 Hardyville Rd, Canmer, KY, 42722 offers a 6.72% rental yield on a $484,000 purchase with $2,712/mo rent. 16% in year one. Equity gained on principal adds $3,123/yr while 5% annual appreciation supports $133,720 over five years. Portfolio math shows five-year ROI at 93.35% and total cumulative return in cash at $149,772. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,712/mo property income against a $2,369/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
9.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42722, Canmer, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 326 (100%) |
| Owner Occupied HU | 212 (65.0%) |
| Renter Occupied HU | 58 (17.8%) |
| Vacant Housing Units | 56 (17.2%) |
| Median Home Value | $167,969 |
| Average Home Value | $177,288 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
345
Multi-Family
0
Businesses
9
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Listed by: Gage Burd • Benchmark Realty, LLC
Mls Name: RASK
Mls Provider:
Mls ID: #RA20243382
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.