316 Mason Lake RdBereaKY40403
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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 Berea at 316 Mason Lake Rd, Berea, KY, 40403 earns $859/mo cash flow from $1,711/mo rent with a $685/mo payment. Total monthly income totals $1,711/mo, and annual cash flow totals $10,311/yr on $46,377 capital. ROI tracks 42.14% on current figures, and rental yield reads 14.68% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 222.01% and total cumulative return in cash sums $102,963. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,711/mo property income instead of your personal income.
Single Family
Built in 1999
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40403, Berea, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,224 (100%) |
| Owner Occupied HU | 7,789 (63.7%) |
| Renter Occupied HU | 3,605 (29.5%) |
| Vacant Housing Units | 830 ( 6.8%) |
| Median Home Value | $241,988 |
| Average Home Value | $265,708 |
Housing Distribution
Address Breakdown
Residential
11,527
Single Family
11,470
Multi-Family
57
Businesses
755
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Listed by: Rick Szaks • Lincoln Real Estate
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #23019344
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.