2503 State Highway 356CynthianaKY41031
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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 Cynthiana at 2503 State Highway 356, Cynthiana, KY, 41031 uses $33,150 cash to close to unlock $7,042/yr annual cash flow and $587/mo monthly cash flow. Total monthly income runs $1,195/mo, and a $489/mo payment keeps the spread at $587/mo. Purchase price stands at $100,000, and rental yield measures 14.34% with $1,195/mo rent. Return on cash invested shows 41.15% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 216.63% and total cumulative return in cash records $71,812. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,195/mo property income covering a $489/mo payment rather than investor’s personal income.
Lot
Built in N/A
5.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41031, Cynthiana, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,150 (100%) |
| Owner Occupied HU | 4,539 (63.5%) |
| Renter Occupied HU | 2,029 (28.4%) |
| Vacant Housing Units | 582 ( 8.1%) |
| Median Home Value | $216,923 |
| Average Home Value | $265,480 |
Housing Distribution
Address Breakdown
Residential
6,994
Single Family
6,891
Multi-Family
103
Businesses
491
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Listed by: Jennifer Gindling • Kentucky Land And Home
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24014427
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.