3030 Forgy Mill RdDunmorKY42339
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dunmor at 3030 Forgy Mill Rd, Dunmor, KY, 42339 offers $1,242/mo rent that, after a $783/mo payment, leaves $268/mo cash flow. Total monthly income is $1,242/mo, and annual cash flow is $3,221/yr on $53,007 cash. Return on cash invested measures 25.99% in year one, and rental yield stands at 9.32% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 135.32% and total cumulative return in cash reaches $71,730. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,242/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
13.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42339, Dunmor, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 317 (71.1%) |
| Renter Occupied HU | 62 (13.9%) |
| Vacant Housing Units | 67 (15.0%) |
| Median Home Value | $173,611 |
| Average Home Value | $281,822 |
Housing Distribution
Address Breakdown
Residential
437
Single Family
437
Multi-Family
0
Businesses
7
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