2413 Log Lick RdWinchesterKY40391
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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 Winchester at 2413 Log Lick Rd, Winchester, KY, 40391 uses $79,461 cash to close to unlock $700/yr annual cash flow and $58/mo monthly cash flow. Total monthly income runs $1,517/mo, and a $1,173/mo payment keeps the spread at $58/mo. Purchase price stands at $239,700, and rental yield measures 7.59% with $1,517/mo rent. Return on cash invested shows 20.79% in year one, and 5% annual appreciation builds toward $66,225 over five years. Five-year ROI reaches 107.47% and total cumulative return in cash records $85,396. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,517/mo property income covering a $1,173/mo payment rather than investor’s personal income.
Single Family
Built in 1945
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40391, Winchester, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,374 (100%) |
| Owner Occupied HU | 10,285 (62.8%) |
| Renter Occupied HU | 4,824 (29.5%) |
| Vacant Housing Units | 1,265 ( 7.7%) |
| Median Home Value | $223,867 |
| Average Home Value | $258,919 |
Housing Distribution
Address Breakdown
Residential
15,316
Single Family
15,081
Multi-Family
235
Businesses
872
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Listed by: E Anthony Phillips • RE/MAX Creative Realty
Mls Name: Imagine MLS
Mls ID: #25500046