2860 Phillipstown RdBremenKY42325
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 Bremen at 2860 Phillipstown Rd, Bremen, KY, 42325 offers a 7.45% rental yield on a $198,900 purchase with $1,235/mo rent. Total monthly income registers $1,235/mo, and a $974/mo payment leaves $24/mo available for distribution. Annual cash flow reaches $288/yr on $65,935 to close, and return on cash invested stands at 20.35% in year one. Equity gained on principal adds $1,283/yr while 5% annual appreciation supports $54,952 over five years. Portfolio math shows five-year ROI at 105.03% and total cumulative return in cash at $69,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,235/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42325, Bremen, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 689 (79.5%) |
| Renter Occupied HU | 93 (10.7%) |
| Vacant Housing Units | 85 ( 9.8%) |
| Median Home Value | $109,572 |
| Average Home Value | $154,325 |
Housing Distribution
Address Breakdown
Residential
719
Single Family
719
Multi-Family
0
Businesses
30
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