1294 Manitou RdManitouKY42436
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 Manitou at 1294 Manitou Rd, Manitou, KY, 42436 uses $122,622 cash to close to unlock $1,430/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $2,370/mo, and a $1,810/mo payment keeps the spread at $119/mo. Purchase price stands at $369,900, and rental yield measures 7.69% with $2,370/mo rent. Return on cash invested shows 21.08% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 109% and total cumulative return in cash records $133,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,370/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 2021
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42436, Manitou, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 631 (100%) |
| Owner Occupied HU | 514 (81.5%) |
| Renter Occupied HU | 76 (12.0%) |
| Vacant Housing Units | 41 ( 6.5%) |
| Median Home Value | $212,946 |
| Average Home Value | $221,055 |
Housing Distribution
Address Breakdown
Residential
564
Single Family
564
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices