2883 Carter School RdStanfordKY40484
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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 Stanford at 2883 Carter School Rd, Stanford, KY, 40484 uses $72,930 cash to close to unlock $9,406/yr annual cash flow and $784/mo monthly cash flow. Total monthly income runs $2,123/mo, and a $1,077/mo payment keeps the spread at $784/mo. Purchase price stands at $220,000, and rental yield measures 11.58% with $2,123/mo rent. Return on cash invested shows 32.81% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 171.86% and total cumulative return in cash records $125,339. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,123/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40484, Stanford, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,493 (100%) |
| Owner Occupied HU | 3,732 (67.9%) |
| Renter Occupied HU | 1,294 (23.6%) |
| Vacant Housing Units | 467 ( 8.5%) |
| Median Home Value | $153,286 |
| Average Home Value | $194,398 |
Housing Distribution
Address Breakdown
Residential
5,255
Single Family
5,208
Multi-Family
47
Businesses
381
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