1692 Cherry Tree RdBurkesvilleKY42717
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 Burkesville at 1692 Cherry Tree Rd, Burkesville, KY, 42717 at $199,000 posts ROI 20.16% with $14/mo cash flow from $1,225/mo rent. Total monthly income equals $1,225/mo, and annual cash flow records $166/yr on $65,969 to close. Return on cash invested measures 20.16% and rental yield reads 7.39% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 104.06% and total cumulative return in cash totals $68,646.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,225/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
8.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42717, Burkesville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,578 (100%) |
| Owner Occupied HU | 2,061 (57.6%) |
| Renter Occupied HU | 664 (18.6%) |
| Vacant Housing Units | 853 (23.8%) |
| Median Home Value | $178,074 |
| Average Home Value | $203,655 |
Housing Distribution
Address Breakdown
Residential
3,103
Single Family
3,103
Multi-Family
0
Businesses
221
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Nearby investment properties with comparable prices
Listed by: Ryan Brown • United Country - Lakes and Land Realty
Mls Name: NY State MLS
Mls ID: #11496668