210 Walnut StAuburnKY42206
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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 Auburn at 210 Walnut St, Auburn, KY, 42206 offers a 8.42% rental yield on a $199,900 purchase with $1,402/mo rent. Total monthly income registers $1,402/mo, and a $978/mo payment leaves $186/mo available for distribution. Annual cash flow reaches $2,229/yr on $66,267 to close, and return on cash invested stands at 23.27% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 120.75% and total cumulative return in cash at $80,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,402/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42206, Auburn, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,535 (100%) |
| Owner Occupied HU | 1,778 (70.1%) |
| Renter Occupied HU | 578 (22.8%) |
| Vacant Housing Units | 179 ( 7.1%) |
| Median Home Value | $173,171 |
| Average Home Value | $208,715 |
Housing Distribution
Address Breakdown
Residential
2,319
Single Family
2,319
Multi-Family
0
Businesses
93
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Listed by: Lisa Masson • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20246528
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.