3405 Hazel Patch RdEast BernstadtKY40729
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 East Bernstadt at 3405 Hazel Patch Rd, East Bernstadt, KY, 40729 priced at $150,000 pairs $1,178/mo rent with $265/mo cash flow after a $734/mo payment. Total monthly income equals $1,178/mo, and annual cash flow comes to $3,183/yr on $49,725 invested. Return on cash invested is 26.31% in year one, and rental yield stands at 9.42% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 137.11% and total cumulative return in cash reaches $68,178. For financing, Ziffy Mortgage’s DSCR program evaluates $1,178/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40729, East Bernstadt, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,494 (100%) |
| Owner Occupied HU | 1,838 (73.7%) |
| Renter Occupied HU | 423 (17.0%) |
| Vacant Housing Units | 233 ( 9.3%) |
| Median Home Value | $157,031 |
| Average Home Value | $170,039 |
Housing Distribution
Address Breakdown
Residential
2,315
Single Family
2,314
Multi-Family
1
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherry J Cloud • Lockhart Realty Group, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24025751
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.