302 8th StRavennaKY40472
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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 Ravenna at 302 8th St, Ravenna, KY, 40472 earns $354/mo cash flow from $1,157/mo rent with a $646/mo payment. Total monthly income totals $1,157/mo, and annual cash flow totals $4,244/yr on $43,758 capital. ROI tracks 29.61% on current figures, and rental yield reads 10.52% at a $132,000 purchase. Equity gained on principal adds $852/yr, and 5% annual appreciation supports $36,469 over five years. Five-year ROI reaches 154.74% and total cumulative return in cash sums $67,711. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,157/mo property income instead of your personal income.
Single Family
Built in 1929
9,583 sqft 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: #25011703
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.