3445 Mill Creek RdOwingsvilleKY40360
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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
Total monthly income runs $1,219/mo, and a $2,251/mo payment. Purchase price stands at $459,900, and rental yield measures 3.18% with $1,219/mo rent. Return on cash invested shows 7.47% in year one, and 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 36.01% and total cumulative return in cash records $54,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,219/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 2015
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40360, Owingsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,167 (100%) |
| Owner Occupied HU | 2,081 (65.7%) |
| Renter Occupied HU | 785 (24.8%) |
| Vacant Housing Units | 301 ( 9.5%) |
| Median Home Value | $119,821 |
| Average Home Value | $142,007 |
Housing Distribution
Address Breakdown
Residential
2,653
Single Family
2,653
Multi-Family
0
Businesses
161
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Listed by: Melanie Dawn S Jones • United Real Estate Bluegrass
Mls Name: Imagine MLS
Mls ID: #25505928