202 Bailey Shore DrNew ConcordKY42076
Nearby investment properties with comparable rents
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
Investment property for sale in New Concord at 202 Bailey Shore Dr, New Concord, KY, 42076 offers a 4.14% rental yield on a $395,000 purchase with $1,364/mo rent. 38% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 51.63% and total cumulative return in cash at $67,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,364/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42076, New Concord, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 442 (51.0%) |
| Renter Occupied HU | 72 ( 8.3%) |
| Vacant Housing Units | 353 (40.7%) |
| Median Home Value | $153,125 |
| Average Home Value | $251,052 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
688
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gale Broach Sharp • Kopperud Realty
Mls Name: WKRMLS
Mls ID: #131565
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.