209 Timber Ridge RdNancyKY42544
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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 Nancy at 209 Timber Ridge Rd, Nancy, KY, 42544 priced at $189,900 converts $1,232/mo rent into $77/mo cash flow after a $929/mo obligation. Total monthly income equals $1,232/mo, and annual cash flow totals $920/yr on $62,952 invested. Return on cash invested prints 21.37% in year one, and rental yield reads 7.79% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 110.57% and total cumulative return in cash sums $69,605. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,232/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42544, Nancy, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,120 (54.3%) |
| Renter Occupied HU | 480 (12.3%) |
| Vacant Housing Units | 1,304 (33.4%) |
| Median Home Value | $191,935 |
| Average Home Value | $236,939 |
Housing Distribution
Address Breakdown
Residential
2,871
Single Family
2,871
Multi-Family
0
Businesses
93
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