23 Licking Valley RdCynthianaKY41031
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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 Cynthiana at 23 Licking Valley Rd, Cynthiana, KY, 41031 with 5% annual appreciation on a $220,000 basis while $1,751/mo rent supports operations. Total monthly income totals $1,751/mo and a $1,077/mo payment preserves $412/mo for cash returns. Annual cash flow comes to $4,942/yr on $72,930 deployed, and return on cash invested reaches 26.69% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 9.55%. Five-year ROI measures 139.04% and total cumulative return in cash totals $101,399.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,751/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41031, Cynthiana, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,150 (100%) |
| Owner Occupied HU | 4,539 (63.5%) |
| Renter Occupied HU | 2,029 (28.4%) |
| Vacant Housing Units | 582 ( 8.1%) |
| Median Home Value | $216,923 |
| Average Home Value | $265,480 |
Housing Distribution
Address Breakdown
Residential
6,994
Single Family
6,891
Multi-Family
103
Businesses
491
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Listed by: Wayne Currans • Currans Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25500799
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.