1293 Strunk HwyStrunkKY42649
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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 Strunk at 1293 Strunk Hwy, Strunk, KY, 42649 uses $75,914 cash to close to unlock $1,717/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $1,537/mo, and a $1,121/mo payment keeps the spread at $143/mo. Purchase price stands at $229,000, and rental yield measures 8.05% with $1,537/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 114.89% and total cumulative return in cash records $87,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,537/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42649, Strunk, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 880 (100%) |
| Owner Occupied HU | 595 (67.6%) |
| Renter Occupied HU | 174 (19.8%) |
| Vacant Housing Units | 111 (12.6%) |
| Median Home Value | $113,797 |
| Average Home Value | $129,819 |
Housing Distribution
Address Breakdown
Residential
722
Single Family
722
Multi-Family
0
Businesses
7
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Listed by: The Millie Weaver Team • Lake Cumberland Real Estate Professionals
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24016677
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.