216 E Adair StOwentonKY40359
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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 Owenton at 216 E Adair St, Owenton, KY, 40359 earns $14/mo cash flow from $1,231/mo rent with a $979/mo payment. Total monthly income totals $1,231/mo, and annual cash flow totals $164/yr on $66,300 capital. ROI tracks 20.16% on current figures, and rental yield reads 7.39% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 104.07% and total cumulative return in cash sums $68,996. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,231/mo property income instead of your personal income.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40359, Owenton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,546 (100%) |
| Owner Occupied HU | 2,187 (61.7%) |
| Renter Occupied HU | 662 (18.7%) |
| Vacant Housing Units | 697 (19.7%) |
| Median Home Value | $201,947 |
| Average Home Value | $228,341 |
Housing Distribution
Address Breakdown
Residential
2,935
Single Family
2,935
Multi-Family
0
Businesses
204
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Listed by: Tyler Wiley • Century 21 Advantage Realty - Georgetown
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25016126
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.