1920 Strunk HwyStrunkKY42649
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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
Rental property for sale in Strunk at 1920 Strunk Hwy, Strunk, KY, 42649 priced at $100,000 converts $1,062/mo rent into $454/mo cash flow after a $489/mo obligation. Total monthly income equals $1,062/mo, and annual cash flow totals $5,446/yr on $33,150 invested. Return on cash invested prints 36.34% in year one, and rental yield reads 12.74% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 190.82% and total cumulative return in cash sums $63,256. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,062/mo property income covering a $489/mo payment, not borrower’s personal income.
Lot
Built in N/A
10.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42649, Strunk, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 880 (100%) |
| Owner Occupied HU | 595 (67.6%) |
| Renter Occupied HU | 174 (19.8%) |
| Vacant Housing Units | 111 (12.6%) |
| Median Home Value | $113,797 |
| Average Home Value | $129,819 |
Housing Distribution
Address Breakdown
Residential
722
Single Family
722
Multi-Family
0
Businesses
7
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Listed by: The Dream Team Real Estate Professionals - Dreama Bolin • Lake Cumberland Real Estate Professionals
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24003472
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.