2901 Pitts RdRavennaKY40472
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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
Total monthly income runs $1,658/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 5.68% with $1,658/mo rent. Return on cash invested shows 15.03% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 76.52% and total cumulative return in cash records $88,778. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,658/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2000
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40472, Ravenna, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 445 (65.6%) |
| Renter Occupied HU | 127 (18.7%) |
| Vacant Housing Units | 106 (15.6%) |
| Median Home Value | $95,179 |
| Average Home Value | $112,904 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
736
Multi-Family
9
Businesses
38
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Listed by: Jon Arnold • Ky Real Estate Professionals, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005117
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.