1708 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 1708 State Route 302, Van Lear, KY, 41265 uses $46,410 cash to close to unlock $5,246/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $1,289/mo, and a $685/mo payment keeps the spread at $437/mo. Purchase price stands at $140,000, and rental yield measures 11.05% with $1,289/mo rent. Return on cash invested shows 31.21% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 163.41% and total cumulative return in cash records $75,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,289/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.74 Acres 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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