29 Oak CtForest HillsKY41527
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 Forest Hills at 29 Oak Ct, Forest Hills, KY, 41527 earns $236/mo cash flow from $1,630/mo rent with a $1,121/mo payment. Total monthly income totals $1,630/mo, and annual cash flow totals $2,833/yr on $75,914 capital. ROI tracks 23.64% on current figures, and rental yield reads 8.54% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 122.77% and total cumulative return in cash sums $93,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,630/mo property income instead of your personal income.
Single Family
Built in 1992
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41527, Forest Hills, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 271 (100%) |
| Owner Occupied HU | 179 (66.1%) |
| Renter Occupied HU | 61 (22.5%) |
| Vacant Housing Units | 31 (11.4%) |
| Median Home Value | $204,688 |
| Average Home Value | $217,123 |
Housing Distribution
Address Breakdown
Residential
207
Single Family
207
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shirley Blackburn • AAA Real Estate Services
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #124402
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.