2274 Richardson RdEastviewKY42732
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
Rental property for sale in Eastview at 2274 Richardson Rd, Eastview, KY, 42732 offers $2,046/mo rent that, after a $1,116/mo payment, leaves $658/mo cash flow. Total monthly income is $2,046/mo, and annual cash flow is $7,900/yr on $75,582 cash. Return on cash invested measures 30.36% in year one, and rental yield stands at 10.77% at a $228,000 entry. Equity gained on principal adds $1,471/yr while 5% annual appreciation compounds into $62,992 by year five. Five-year ROI records 158.8% and total cumulative return in cash reaches $120,027. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,046/mo property income versus a $1,116/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42732, Eastview, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 978 (100%) |
| Owner Occupied HU | 739 (75.6%) |
| Renter Occupied HU | 165 (16.9%) |
| Vacant Housing Units | 74 ( 7.6%) |
| Median Home Value | $224,440 |
| Average Home Value | $264,357 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: Hannah D Pharis-Keown • SCHULER BAUER REAL ESTATE SERVICES ERA POWERED- Elizabethtown
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24003516
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