200 Bridle CtDry RidgeKY41035
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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 Dry Ridge at 200 Bridle Ct, Dry Ridge, KY, 41035 with 5% annual appreciation on a $524,900 basis while $900/mo rent supports operations. 12% in year one. Equity gained on principal adds $3,387/yr, and five-year appreciation sums $145,020 alongside rental yield of 2.06%. Five-year ROI measures 17.99% and total cumulative return in cash totals $31,069. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $900/mo property income versus a $2,569/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41035, Dry Ridge, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,601 (100%) |
| Owner Occupied HU | 3,173 (69.0%) |
| Renter Occupied HU | 1,026 (22.3%) |
| Vacant Housing Units | 402 ( 8.7%) |
| Median Home Value | $226,293 |
| Average Home Value | $247,191 |
Housing Distribution
Address Breakdown
Residential
4,396
Single Family
4,396
Multi-Family
0
Businesses
248
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Listed by: James Simpson • Jim Simpson Realtors, Inc.
Mls Name: NKMLS
Mls Provider:
Mls ID: #626723
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Listing information is deemed reliable, but not guaranteed. Copyright 2023 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.