264 Strawberry DrOlive HillKY41164
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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 Olive Hill at 264 Strawberry Dr, Olive Hill, KY, 41164 uses $48,034 cash to close to unlock $3,028/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $1,134/mo, and a $709/mo payment keeps the spread at $252/mo. Purchase price stands at $144,900, and rental yield measures 9.39% with $1,134/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 136.58% and total cumulative return in cash records $65,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,134/mo property income covering a $709/mo payment rather than investor’s personal income.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41164, Olive Hill, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,913 (100%) |
| Owner Occupied HU | 4,152 (70.2%) |
| Renter Occupied HU | 954 (16.1%) |
| Vacant Housing Units | 807 (13.6%) |
| Median Home Value | $119,137 |
| Average Home Value | $171,858 |
Housing Distribution
Address Breakdown
Residential
4,890
Single Family
4,890
Multi-Family
0
Businesses
144
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Listed by: J D Rayburn • Scenic Hills Realty Inc
Mls Name: AABR
Mls Provider:
Mls ID: #58521
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.