1450 Cork Gascon RdEdmontonKY42129
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 Edmonton at 1450 Cork Gascon Rd, Edmonton, KY, 42129 uses $99,119 cash to close to unlock $2,588/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $2,035/mo, and a $1,463/mo payment keeps the spread at $216/mo. Purchase price stands at $299,000, and rental yield measures 8.17% with $2,035/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 116.71% and total cumulative return in cash records $115,678. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,035/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1978
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42129, Edmonton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,210 (100%) |
| Owner Occupied HU | 2,115 (65.9%) |
| Renter Occupied HU | 734 (22.9%) |
| Vacant Housing Units | 361 (11.2%) |
| Median Home Value | $111,435 |
| Average Home Value | $144,791 |
Housing Distribution
Address Breakdown
Residential
3,029
Single Family
3,029
Multi-Family
0
Businesses
176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices