313 Jay RdOwingsvilleKY40360
Nearby investment properties with comparable rents
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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
Rental property for sale in Owingsville at 313 Jay Rd, Owingsville, KY, 40360 offers $2,732/mo rent that, after a $2,932/mo payment. Total monthly income is $2,732/mo. Return on cash invested measures 14.5% in year one, and rental yield stands at 5.47% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 73.67% and total cumulative return in cash reaches $145,174. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,732/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
40.30 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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Nearby investment properties with comparable prices
Listed by: Brooke Otis Mullins • RO&CO Real Estate
Mls Name: Imagine MLS
Mls ID: #25501110