34 Cherokee Trail RdEighty EightKY42130
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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 Eighty Eight at 34 Cherokee Trail Rd, Eighty Eight, KY, 42130 with 5% annual appreciation on a $145,000 basis while $1,236/mo rent supports operations. Total monthly income totals $1,236/mo and a $710/mo payment preserves $353/mo for cash returns. Annual cash flow comes to $4,239/yr on $48,068 deployed, and return on cash invested reaches 28.73% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 10.23%. Five-year ROI measures 150.06% and total cumulative return in cash totals $72,128.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,236/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42130, Eighty Eight, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 49 (100%) |
| Owner Occupied HU | 25 (51.0%) |
| Renter Occupied HU | 5 (10.2%) |
| Vacant Housing Units | 19 (38.8%) |
| Median Home Value | $168,750 |
| Average Home Value | $181,000 |
Housing Distribution
Address Breakdown
Residential
103
Single Family
103
Multi-Family
0
Businesses
0
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Listed by: Melissa Richards • Keller Williams First Choice Realty
Mls Name: South Central Kentucky AOR
Mls Provider:
Mls ID: #SC46043