2591 Aetna Furnace HwyMagnoliaKY42757
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 Magnolia at 2591 Aetna Furnace Hwy, Magnolia, KY, 42757 priced at $349,900 converts $2,458/mo rent into $328/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,458/mo, and annual cash flow totals $3,936/yr on $115,992 invested. Return on cash invested prints 23.3% in year one, and rental yield reads 8.43% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 120.95% and total cumulative return in cash sums $140,286. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,458/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42757, Magnolia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,463 (100%) |
| Owner Occupied HU | 1,003 (68.6%) |
| Renter Occupied HU | 233 (15.9%) |
| Vacant Housing Units | 227 (15.5%) |
| Median Home Value | $173,266 |
| Average Home Value | $238,831 |
Housing Distribution
Address Breakdown
Residential
1,302
Single Family
1,302
Multi-Family
0
Businesses
24
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Listed by: Chris W Gravil • United Country, Heartland Realty & Auction, LLC
Mls Name: RASK
Mls Provider:
Mls ID: #RA20245427
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.