1775 Needham RdEastviewKY42732
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 Eastview at 1775 Needham Rd, Eastview, KY, 42732 offers a 7.77% rental yield on a $255,000 purchase with $1,651/mo rent. Total monthly income registers $1,651/mo, and a $1,248/mo payment leaves $99/mo available for distribution. Annual cash flow reaches $1,189/yr on $84,533 to close, and return on cash invested stands at 21.32% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 110.31% and total cumulative return in cash at $93,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,651/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
5.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42732, Eastview, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 978 (100%) |
| Owner Occupied HU | 739 (75.6%) |
| Renter Occupied HU | 165 (16.9%) |
| Vacant Housing Units | 74 ( 7.6%) |
| Median Home Value | $224,440 |
| Average Home Value | $264,357 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
21
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