2950 Poplar Plains RdFlemingsburgKY41041
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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
Rental property for sale in Flemingsburg at 2950 Poplar Plains Rd, Flemingsburg, KY, 41041 offers $1,878/mo rent that, after a $881/mo payment, leaves $783/mo cash flow. Total monthly income is $1,878/mo, and annual cash flow is $9,391/yr on $59,637 cash. Return on cash invested measures 35.66% in year one, and rental yield stands at 12.53% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 187.19% and total cumulative return in cash reaches $111,633. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,878/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41041, Flemingsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,368 (100%) |
| Owner Occupied HU | 2,213 (65.7%) |
| Renter Occupied HU | 807 (24.0%) |
| Vacant Housing Units | 348 (10.3%) |
| Median Home Value | $151,359 |
| Average Home Value | $196,042 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,201
Multi-Family
12
Businesses
293
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Listed by: Michele Bowling • 606 Real Estate & Auctions
Mls Name: Buffalo Trace MLS
Mls ID: #39536
Disclaimer: Copyright Buffalo Trace Multi List Service. All rights reserved. Information is deemed reliable but not guaranteed.