215 Rail Lake DrSlaughtersKY42456
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 Slaughters at 215 Rail Lake Dr, Slaughters, KY, 42456 with 5% annual appreciation on a $189,900 basis while $1,888/mo rent supports operations. Total monthly income totals $1,888/mo and a $929/mo payment preserves $733/mo for cash returns. Annual cash flow comes to $8,792/yr on $62,952 deployed, and return on cash invested reaches 33.88% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 11.93%. Five-year ROI measures 177.61% and total cumulative return in cash totals $111,809.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,888/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42456, Slaughters, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 720 (100%) |
| Owner Occupied HU | 577 (80.1%) |
| Renter Occupied HU | 91 (12.6%) |
| Vacant Housing Units | 52 ( 7.2%) |
| Median Home Value | $175,255 |
| Average Home Value | $201,924 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Landon Black • BHG Realty
Mls Name: HAMLS
Mls ID: #250658