2583 Hazel Patch RdEast BernstadtKY40729
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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 East Bernstadt at 2583 Hazel Patch Rd, East Bernstadt, KY, 40729 offers a 8.19% rental yield on a $199,500 purchase with $1,361/mo rent. Total monthly income registers $1,361/mo, and a $976/mo payment leaves $147/mo available for distribution. Annual cash flow reaches $1,767/yr on $66,134 to close, and return on cash invested stands at 22.58% in year one. Equity gained on principal adds $1,287/yr while 5% annual appreciation supports $55,118 over five years. Portfolio math shows five-year ROI at 117.1% and total cumulative return in cash at $77,443. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,361/mo property income against a $976/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
3.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40729, East Bernstadt, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,494 (100%) |
| Owner Occupied HU | 1,838 (73.7%) |
| Renter Occupied HU | 423 (17.0%) |
| Vacant Housing Units | 233 ( 9.3%) |
| Median Home Value | $157,031 |
| Average Home Value | $170,039 |
Housing Distribution
Address Breakdown
Residential
2,315
Single Family
2,314
Multi-Family
1
Businesses
74
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Listed by: G Daniel Carmack • Sallie Davidson, Realtors
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24013302
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.