206 Scenic LnHorse BranchKY42349
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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
Rental property for sale in Horse Branch at 206 Scenic Ln, Horse Branch, KY, 42349 generates $1,327/mo in rent, after a $1,415/mo payment. Total monthly income is $1,327/mo. Return on cash invested sits at 14.49% in year one, and rental yield is 5.51% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 73.68% and total cumulative return in cash sums $70,586. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,327/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
17.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42349, Horse Branch, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 688 (100%) |
| Owner Occupied HU | 517 (75.1%) |
| Renter Occupied HU | 93 (13.5%) |
| Vacant Housing Units | 78 (11.3%) |
| Median Home Value | $120,898 |
| Average Home Value | $181,784 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
9
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Listed by: Collin Hargus • Five Star Realty
Mls Name: My State MLS
Mls ID: #11556993