1516 State Route 302Van LearKY41265
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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 Van Lear at 1516 State Route 302, Van Lear, KY, 41265 earns from $0/mo rent with a $1,610/mo payment. Total monthly income totals $0/mo. ROI tracks -2.12% on current figures, and rental yield reads 0% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1980
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41265, Van Lear, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 724 (100%) |
| Owner Occupied HU | 540 (74.6%) |
| Renter Occupied HU | 105 (14.5%) |
| Vacant Housing Units | 79 (10.9%) |
| Median Home Value | $184,459 |
| Average Home Value | $260,306 |
Housing Distribution
Address Breakdown
Residential
651
Single Family
651
Multi-Family
0
Businesses
4
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No similar rental properties found nearby.
Nearby investment properties with comparable prices