233 N Buckingham AveWest Van LearKY41268
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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 West Van Lear at 233 N Buckingham Ave, West Van Lear, KY, 41268 offers a 6.89% rental yield on a $209,000 purchase with $1,200/mo rent. 66% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Portfolio math shows five-year ROI at 95.99% and total cumulative return in cash at $66,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41268, West Van Lear, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 155 (100%) |
| Owner Occupied HU | 120 (77.4%) |
| Renter Occupied HU | 29 (18.7%) |
| Vacant Housing Units | 6 ( 3.9%) |
| Median Home Value | $136,207 |
| Average Home Value | $125,563 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
2
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Listed by: Ryan Cantrell • United Real Estate Bluegrass
Mls Name: Eastern Kentucky AOR
Mls ID: #126635