2897 Highway 3277NancyKY42544
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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 Nancy at 2897 Highway 3277, Nancy, KY, 42544 uses $52,709 cash to close to unlock $138/yr annual cash flow and $12/mo monthly cash flow. Total monthly income runs $979/mo, and a $778/mo payment keeps the spread at $12/mo. Purchase price stands at $159,000, and rental yield measures 7.39% with $979/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 104.13% and total cumulative return in cash records $54,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $979/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42544, Nancy, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,120 (54.3%) |
| Renter Occupied HU | 480 (12.3%) |
| Vacant Housing Units | 1,304 (33.4%) |
| Median Home Value | $191,935 |
| Average Home Value | $236,939 |
Housing Distribution
Address Breakdown
Residential
2,871
Single Family
2,871
Multi-Family
0
Businesses
93
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