2392 Holt Ridge RdBloomfieldKY40008
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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
Rental property for sale in Bloomfield at 2392 Holt Ridge Rd, Bloomfield, KY, 40008 generates $2,705/mo in rent, after a $2,447/mo payment. Total monthly income is $2,705/mo. Return on cash invested sits at 17.46% in year one, and rental yield is 6.49% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 89.61% and total cumulative return in cash sums $148,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,705/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
15.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40008, Bloomfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 1,333 (74.3%) |
| Renter Occupied HU | 285 (15.9%) |
| Vacant Housing Units | 176 ( 9.8%) |
| Median Home Value | $275,323 |
| Average Home Value | $323,385 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
57
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Listed by: Larry Gatti • 85W Real Estate
Mls Name: GLARMLS
Mls ID: #1703222