199 Newport LnBereaKY40403
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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 Berea at 199 Newport Ln, Berea, KY, 40403 earns $257/mo cash flow from $1,840/mo rent with a $1,273/mo payment. Total monthly income totals $1,840/mo, and annual cash flow totals $3,086/yr on $86,190 capital. ROI tracks 23.49% on current figures, and rental yield reads 8.49% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 121.94% and total cumulative return in cash sums $105,101. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,840/mo property income instead of your personal income.
Single Family
Built in 2009
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40403, Berea, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,224 (100%) |
| Owner Occupied HU | 7,789 (63.7%) |
| Renter Occupied HU | 3,605 (29.5%) |
| Vacant Housing Units | 830 ( 6.8%) |
| Median Home Value | $241,988 |
| Average Home Value | $265,708 |
Housing Distribution
Address Breakdown
Residential
11,527
Single Family
11,470
Multi-Family
57
Businesses
755
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Listed by: Angela Stamper • Re/Max Elite Lexington
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006998
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.