240 Shannon DrScience HillKY42553
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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 Science Hill at 240 Shannon Dr, Science Hill, KY, 42553 offers $955/mo rent that, after a $612/mo payment, leaves $194/mo cash flow. Total monthly income is $955/mo, and annual cash flow is $2,328/yr on $41,438 cash. Return on cash invested measures 25.53% in year one, and rental yield stands at 9.17% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 132.96% and total cumulative return in cash reaches $55,097. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $955/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42553, Science Hill, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,448 (100%) |
| Owner Occupied HU | 1,660 (67.8%) |
| Renter Occupied HU | 488 (19.9%) |
| Vacant Housing Units | 300 (12.3%) |
| Median Home Value | $187,195 |
| Average Home Value | $259,854 |
Housing Distribution
Address Breakdown
Residential
2,162
Single Family
2,162
Multi-Family
0
Businesses
67
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Listed by: Tanya Petty • EXP REALTY
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25004001
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.