3138 W Highway 36OwingsvilleKY40360
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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 3138 W Highway 36, Owingsville, KY, 40360 offers a 9.84% rental yield on a $219,000 purchase with $1,796/mo rent. Total monthly income registers $1,796/mo, and a $1,072/mo payment leaves $463/mo available for distribution. Annual cash flow reaches $5,556/yr on $72,599 to close, and return on cash invested stands at 27.56% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 143.82% and total cumulative return in cash at $104,409. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,796/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.50 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: Joshua A Davis • The Agency
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007447
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.