307 Sawyer Church RdParkers LakeKY42634
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
Investment property for sale in Parkers Lake at 307 Sawyer Church Rd, Parkers Lake, KY, 42634 uses $59,670 cash to close to unlock $822/yr annual cash flow and $69/mo monthly cash flow. Total monthly income runs $1,164/mo, and a $881/mo payment keeps the spread at $69/mo. Purchase price stands at $180,000, and rental yield measures 7.76% with $1,164/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 110.15% and total cumulative return in cash records $65,729. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,164/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 2016
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42634, Parkers Lake, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 612 (100%) |
| Owner Occupied HU | 448 (73.2%) |
| Renter Occupied HU | 82 (13.4%) |
| Vacant Housing Units | 82 (13.4%) |
| Median Home Value | $90,000 |
| Average Home Value | $125,446 |
Housing Distribution
Address Breakdown
Residential
553
Single Family
553
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bobby Joe Monhollen • Reliance One Realty
Mls Name: Imagine MLS
Mls ID: #25504338