305 Miller LnBurnsideKY42519
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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 Burnside at 305 Miller Ln, Burnside, KY, 42519 listed at $162,500 pairs $1,445/mo rent with a $795/mo payment to leave $456/mo cash flow. Total monthly income runs $1,445/mo, and annual cash flow reaches $5,476/yr on $53,869 cash to close. Return on cash invested measures 30.07% in year one, and rental yield registers 10.67% at a $162,500 basis. Equity gained on principal adds $1,049/yr, and annual property appreciation at 5% supports $44,896 by year five. Five-year ROI tracks 157.28% and total cumulative return in cash totals $84,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,445/mo property income relative to a $795/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42519, Burnside, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 997 (42.0%) |
| Renter Occupied HU | 268 (11.3%) |
| Vacant Housing Units | 1,107 (46.7%) |
| Median Home Value | $143,438 |
| Average Home Value | $222,733 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,454
Multi-Family
0
Businesses
55
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Listed by: Preston Brainard • Exp Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25001169
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.