250 Ore Mines RdOwingsvilleKY40360
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Owingsville at 250 Ore Mines Rd, Owingsville, KY, 40360 priced at $134,900 pairs $1,300/mo rent with $479/mo cash flow after a $660/mo payment. Total monthly income equals $1,300/mo, and annual cash flow comes to $5,751/yr on $44,719 invested. Return on cash invested is 32.77% in year one, and rental yield stands at 11.56% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 171.78% and total cumulative return in cash reaches $76,817. For financing, Ziffy Mortgage’s DSCR program evaluates $1,300/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2002
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40360, Owingsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,167 (100%) |
| Owner Occupied HU | 2,081 (65.7%) |
| Renter Occupied HU | 785 (24.8%) |
| Vacant Housing Units | 301 ( 9.5%) |
| Median Home Value | $119,821 |
| Average Home Value | $142,007 |
Housing Distribution
Address Breakdown
Residential
2,653
Single Family
2,653
Multi-Family
0
Businesses
161
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Listed by: Rebakah R Goodpaster • Keller Williams Legacy Group
Mls Name: Imagine MLS
Mls ID: #25018048