1860 Junction PikeBerryKY41003
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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 Berry at 1860 Junction Pike, Berry, KY, 41003 offers a 7.28% rental yield on a $239,900 purchase with $1,456/mo rent. 85% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 102.45% and total cumulative return in cash at $81,475. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,456/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41003, Berry, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,125 (100%) |
| Owner Occupied HU | 775 (68.9%) |
| Renter Occupied HU | 201 (17.9%) |
| Vacant Housing Units | 149 (13.2%) |
| Median Home Value | $201,667 |
| Average Home Value | $257,335 |
Housing Distribution
Address Breakdown
Residential
1,058
Single Family
1,057
Multi-Family
1
Businesses
16
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Listed by: Tyler A Hurst • Thwaites Realtors LLC
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24021568
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.