1894 Keltner Mell Ridge RdColumbiaKY42728
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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 Columbia at 1894 Keltner Mell Ridge Rd, Columbia, KY, 42728 listed at $175,000 pairs $1,500/mo rent with a $857/mo payment to leave $434/mo cash flow. Total monthly income runs $1,500/mo, and annual cash flow reaches $5,214/yr on $58,013 cash to close. Return on cash invested measures 28.9% in year one, and rental yield registers 10.29% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 150.93% and total cumulative return in cash totals $87,559. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
10.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42728, Columbia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,454 (100%) |
| Owner Occupied HU | 4,718 (63.3%) |
| Renter Occupied HU | 1,706 (22.9%) |
| Vacant Housing Units | 1,030 (13.8%) |
| Median Home Value | $174,555 |
| Average Home Value | $209,118 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,845
Multi-Family
0
Businesses
658
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Listed by: Jackie Willis Denton • EXIT REALTY BLUEGRASS
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25003920
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