3080 Ridge RdOwingsvilleKY40360
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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 Owingsville at 3080 Ridge Rd, Owingsville, KY, 40360 with 5% annual appreciation on a $132,000 basis while $1,312/mo rent supports operations. Total monthly income totals $1,312/mo and a $646/mo payment preserves $509/mo for cash returns. Annual cash flow comes to $6,104/yr on $43,758 deployed, and return on cash invested reaches 33.86% in year one. Equity gained on principal adds $852/yr, and five-year appreciation sums $36,469 alongside rental yield of 11.93%. Five-year ROI measures 177.56% and total cumulative return in cash totals $77,695.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,312/mo property income versus a $646/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40360, Owingsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,167 (100%) |
| Owner Occupied HU | 2,081 (65.7%) |
| Renter Occupied HU | 785 (24.8%) |
| Vacant Housing Units | 301 ( 9.5%) |
| Median Home Value | $119,821 |
| Average Home Value | $142,007 |
Housing Distribution
Address Breakdown
Residential
2,653
Single Family
2,653
Multi-Family
0
Businesses
161
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Listed by: Kevin Miles • Dream Maker Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25000172
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.