3389 Buchanan Creek RdEwingKY41039
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
Rental property for sale in Ewing at 3389 Buchanan Creek Rd, Ewing, KY, 41039 offers $1,371/mo rent that, after a $876/mo payment, leaves $282/mo cash flow. Total monthly income is $1,371/mo, and annual cash flow is $3,380/yr on $59,339 cash. Return on cash invested measures 25.61% in year one, and rental yield stands at 9.19% at a $179,000 entry. Equity gained on principal adds $1,155/yr while 5% annual appreciation compounds into $49,454 by year five. Five-year ROI records 133.27% and total cumulative return in cash reaches $79,083. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,371/mo property income versus a $876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41039, Ewing, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 878 (68.3%) |
| Renter Occupied HU | 221 (17.2%) |
| Vacant Housing Units | 187 (14.5%) |
| Median Home Value | $129,545 |
| Average Home Value | $186,432 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
44
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Nearby investment properties with comparable prices
Listed by: Marty J Hunter • Ky Property Hunters LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24025927
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.