2023 Pendleton RdPendletonKY40055
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 Pendleton at 2023 Pendleton Rd, Pendleton, KY, 40055 offers a 9.04% rental yield on a $309,000 purchase with $2,329/mo rent. Total monthly income registers $2,329/mo, and a $1,512/mo payment leaves $449/mo available for distribution. Annual cash flow reaches $5,385/yr on $102,434 to close, and return on cash invested stands at 25.17% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 130.91% and total cumulative return in cash at $134,093. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,329/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40055, Pendleton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 711 (83.8%) |
| Renter Occupied HU | 98 (11.6%) |
| Vacant Housing Units | 39 ( 4.6%) |
| Median Home Value | $241,987 |
| Average Home Value | $301,269 |
Housing Distribution
Address Breakdown
Residential
797
Single Family
797
Multi-Family
0
Businesses
42
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