24 Nora Mae LnBeechmontKY42323
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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 Beechmont at 24 Nora Mae Ln, Beechmont, KY, 42323 priced at $545,000 pairs $1,004/mo rent with after a $2,668/mo payment. Total monthly income equals $1,004/mo. Return on cash invested is 4.58% in year one, and rental yield stands at 2.21% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 20.47% and total cumulative return in cash reaches $36,696. For financing, Ziffy Mortgage’s DSCR program evaluates $1,004/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42323, Beechmont, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 374 (100%) |
| Owner Occupied HU | 282 (75.4%) |
| Renter Occupied HU | 58 (15.5%) |
| Vacant Housing Units | 34 ( 9.1%) |
| Median Home Value | $101,442 |
| Average Home Value | $234,787 |
Housing Distribution
Address Breakdown
Residential
297
Single Family
297
Multi-Family
0
Businesses
16
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