24 Walnut DrBurnsideKY42519
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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 Burnside at 24 Walnut Dr, Burnside, KY, 42519 uses $43,094 cash to close to unlock $4,261/yr annual cash flow and $355/mo monthly cash flow. Total monthly income runs $1,146/mo, and a $636/mo payment keeps the spread at $355/mo. Purchase price stands at $129,998, and rental yield measures 10.58% with $1,146/mo rent. Return on cash invested shows 29.8% in year one, and 5% annual appreciation builds toward $35,916 over five years. Five-year ROI reaches 155.86% and total cumulative return in cash records $67,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,146/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42519, Burnside, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 997 (42.0%) |
| Renter Occupied HU | 268 (11.3%) |
| Vacant Housing Units | 1,107 (46.7%) |
| Median Home Value | $143,438 |
| Average Home Value | $222,733 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,454
Multi-Family
0
Businesses
55
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Listed by: Tabitha House • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25008242
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.