2932 Collier LnBurlingtonKY41005
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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 Burlington at 2932 Collier Ln, Burlington, KY, 41005 listed at $384,900 pairs $2,394/mo rent with a $1,884/mo payment to leave $51/mo cash flow. Total monthly income runs $2,394/mo, and annual cash flow reaches $616/yr on $127,594 cash to close. Return on cash invested measures 20.39% in year one, and rental yield registers 7.46% at a $384,900 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,341 by year five. Five-year ROI tracks 105.32% and total cumulative return in cash totals $134,379. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,394/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41005, Burlington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,618 (100%) |
| Owner Occupied HU | 7,263 (75.5%) |
| Renter Occupied HU | 1,954 (20.3%) |
| Vacant Housing Units | 401 ( 4.2%) |
| Median Home Value | $282,376 |
| Average Home Value | $325,137 |
Housing Distribution
Address Breakdown
Residential
9,248
Single Family
8,080
Multi-Family
1,168
Businesses
392
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Listed by: Darrell Lewis • DIYFlatFee.com
Mls Name: NKMLS
Mls ID: #638887