199 S Grandview AveBurnsideKY42519
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Nearby investment properties with comparable prices
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 Burnside at 199 S Grandview Ave, Burnside, KY, 42519 priced at $279,900 converts $1,852/mo rent into $148/mo cash flow after a $1,370/mo obligation. Total monthly income equals $1,852/mo, and annual cash flow totals $1,781/yr on $92,787 invested. Return on cash invested prints 21.83% in year one, and rental yield reads 7.94% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 113.02% and total cumulative return in cash sums $104,869. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,852/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42519, Burnside, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 997 (42.0%) |
| Renter Occupied HU | 268 (11.3%) |
| Vacant Housing Units | 1,107 (46.7%) |
| Median Home Value | $143,438 |
| Average Home Value | $222,733 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,454
Multi-Family
0
Businesses
55
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Listed by: Matthew Fouch • Keller Williams Commonwealth - Somerset
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25002740
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