261 Skinner Hollow RdWoodbineKY40771
Nearby investment properties with comparable rents
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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
Rental property for sale in Woodbine at 261 Skinner Hollow Rd, Woodbine, KY, 40771 priced at $200,000 converts $1,397/mo rent into $180/mo cash flow after a $979/mo obligation. Total monthly income equals $1,397/mo, and annual cash flow totals $2,156/yr on $66,300 invested. Return on cash invested prints 23.16% in year one, and rental yield reads 8.38% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 120.17% and total cumulative return in cash sums $79,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,397/mo property income covering a $979/mo payment, not borrower’s personal income.
Manufactured
Built in 2020
3.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40771, Woodbine, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 441 (100%) |
| Owner Occupied HU | 264 (59.9%) |
| Renter Occupied HU | 90 (20.4%) |
| Vacant Housing Units | 87 (19.7%) |
| Median Home Value | $83,448 |
| Average Home Value | $135,076 |
Housing Distribution
Address Breakdown
Residential
280
Single Family
280
Multi-Family
0
Businesses
18
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Listed by: Tonya Freeman • Re/Max On Main, Inc
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #23019481
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.