298 Dancey Branch RdCannonKY40923
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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 Cannon at 298 Dancey Branch Rd, Cannon, KY, 40923 with 5% annual appreciation on a $525,000 basis while $1,409/mo rent supports operations. 65% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 3.22%. Five-year ROI measures 36.93% and total cumulative return in cash totals $63,789. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,409/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
16.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40923, Cannon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 281 (72.1%) |
| Renter Occupied HU | 82 (21.0%) |
| Vacant Housing Units | 27 ( 6.9%) |
| Median Home Value | $124,038 |
| Average Home Value | $159,858 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
1
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Listed by: Joey Abner • Revolution Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25017689
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