281 Steve Wood RdBagdadKY40003
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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 Bagdad at 281 Steve Wood Rd, Bagdad, KY, 40003 earns from $1,382/mo rent with a $2,936/mo payment. Total monthly income totals $1,382/mo. ROI tracks 6.27% on current figures, and rental yield reads 2.76% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 29.52% and total cumulative return in cash sums $58,264. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,382/mo property income instead of your personal income.
Single Family
Built in N/A
38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40003, Bagdad, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 624 (79.0%) |
| Renter Occupied HU | 100 (12.7%) |
| Vacant Housing Units | 66 ( 8.4%) |
| Median Home Value | $332,692 |
| Average Home Value | $362,969 |
Housing Distribution
Address Breakdown
Residential
769
Single Family
769
Multi-Family
0
Businesses
21
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