2611 Burton RdUticaKY42376
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
Investment property for sale in Utica at 2611 Burton Rd, Utica, KY, 42376 offers a 9.83% rental yield on a $319,900 purchase with $2,621/mo rent. Total monthly income registers $2,621/mo, and a $1,566/mo payment leaves $674/mo available for distribution. Annual cash flow reaches $8,085/yr on $106,047 to close, and return on cash invested stands at 27.53% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 143.6% and total cumulative return in cash at $152,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,621/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42376, Utica, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,730 (100%) |
| Owner Occupied HU | 2,252 (82.5%) |
| Renter Occupied HU | 320 (11.7%) |
| Vacant Housing Units | 158 ( 5.8%) |
| Median Home Value | $240,430 |
| Average Home Value | $256,796 |
Housing Distribution
Address Breakdown
Residential
2,770
Single Family
2,770
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: J And K Of Triple Crown Realty Group Team • TRIPLE CROWN REALTY GROUP, LLC
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92272
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.