13548 W Highway 92StearnsKY42647
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 Stearns at 13548 W Highway 92, Stearns, KY, 42647 uses $41,438 cash to close to unlock $3,120/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $1,021/mo, and a $612/mo payment keeps the spread at $260/mo. Purchase price stands at $125,000, and rental yield measures 9.8% with $1,021/mo rent. Return on cash invested shows 27.44% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 143.24% and total cumulative return in cash records $59,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,021/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
5.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42647, Stearns, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,152 (67.4%) |
| Renter Occupied HU | 343 (20.1%) |
| Vacant Housing Units | 214 (12.5%) |
| Median Home Value | $101,594 |
| Average Home Value | $132,556 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,168
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal L Brown • Keller Williams Commonwealth - Stanford
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24023219
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.