1946 Drane LnEminenceKY40019
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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 Eminence at 1946 Drane Ln, Eminence, KY, 40019 listed at $749,500 pairs $2,196/mo rent with a $3,668/mo payment. Total monthly income runs $2,196/mo. Return on cash invested measures 8.55% in year one, and rental yield registers 3.52% at a $749,500 basis. Equity gained on principal adds $4,836/yr, and annual property appreciation at 5% supports $207,073 by year five. Five-year ROI tracks 41.76% and total cumulative return in cash totals $102,965. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,196/mo property income relative to a $3,668/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
15.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40019, Eminence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,728 (100%) |
| Owner Occupied HU | 1,084 (62.7%) |
| Renter Occupied HU | 569 (32.9%) |
| Vacant Housing Units | 75 ( 4.3%) |
| Median Home Value | $205,587 |
| Average Home Value | $251,402 |
Housing Distribution
Address Breakdown
Residential
1,687
Single Family
1,685
Multi-Family
2
Businesses
118
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Listed by: Colleen E Walker • EXP Realty LLC
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1690813
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