3253 Scaffold Cane RdBereaKY40403
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 Berea at 3253 Scaffold Cane Rd, Berea, KY, 40403 listed at $332,000 pairs $1,214/mo rent with a $1,625/mo payment. Total monthly income runs $1,214/mo. Return on cash invested measures 11.11% in year one, and rental yield registers 4.39% at a $332,000 basis. Equity gained on principal adds $2,142/yr, and annual property appreciation at 5% supports $91,725 by year five. Five-year ROI tracks 55.55% and total cumulative return in cash totals $61,143. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,214/mo property income relative to a $1,625/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices