126 Cranfield LnNew ConcordKY42076
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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 New Concord at 126 Cranfield Ln, New Concord, KY, 42076 listed at $500,000 pairs $2,827/mo rent with a $2,447/mo payment. Total monthly income runs $2,827/mo. Return on cash invested measures 18.35% in year one, and rental yield registers 6.78% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 94.34% and total cumulative return in cash totals $156,368. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,827/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42076, New Concord, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 442 (51.0%) |
| Renter Occupied HU | 72 ( 8.3%) |
| Vacant Housing Units | 353 (40.7%) |
| Median Home Value | $153,125 |
| Average Home Value | $251,052 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
688
Multi-Family
0
Businesses
8
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Listed by: Lindy Knight • Elite Realty Branch Murray
Mls Name: WKRMLS
Mls ID: #135283