16 Ledan StFlemingsburgKY41041
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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
Rental property for sale in Flemingsburg at 16 Ledan St, Flemingsburg, KY, 41041 generates $1,777/mo in rent and, after a $1,072/mo payment, leaves $444/mo in cash flow. Total monthly income is $1,777/mo, and annual cash flow is $5,328/yr on $72,599 invested. Return on cash invested sits at 27.25% in year one, and rental yield is 9.74% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 142.13% and total cumulative return in cash sums $103,185. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,777/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41041, Flemingsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,368 (100%) |
| Owner Occupied HU | 2,213 (65.7%) |
| Renter Occupied HU | 807 (24.0%) |
| Vacant Housing Units | 348 (10.3%) |
| Median Home Value | $151,359 |
| Average Home Value | $196,042 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,201
Multi-Family
12
Businesses
293
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Listed by: Anthony Marshall • Fleming Co. Real Estate & Auction Service
Mls Name: Buffalo Trace MLS
Mls ID: #43837