3032 Washington StBurlingtonKY41005
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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 3032 Washington St, Burlington, KY, 41005 earns $231/mo cash flow from $1,671/mo rent with a $1,158/mo payment. Total monthly income totals $1,671/mo, and annual cash flow totals $2,774/yr on $78,400 capital. ROI tracks 23.45% on current figures, and rental yield reads 8.48% at a $236,500 purchase. Equity gained on principal adds $1,526/yr, and 5% annual appreciation supports $65,341 over five years. Five-year ROI reaches 121.74% and total cumulative return in cash sums $95,443. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,671/mo property income instead of your personal income.
Single Family
Built in 1970
9,583 sqft 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: Christian Lohr • United Real Estate Louisville
Mls Name: NKMLS
Mls ID: #635868