3452 Seventy Six Falls RdAlbanyKY42602
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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
Investment property for sale in Albany at 3452 Seventy Six Falls Rd, Albany, KY, 42602 offers a 7.72% rental yield on a $259,900 purchase with $1,672/mo rent. Total monthly income registers $1,672/mo, and a $1,272/mo payment leaves $90/mo available for distribution. Annual cash flow reaches $1,083/yr on $86,157 to close, and return on cash invested stands at 21.17% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 109.5% and total cumulative return in cash at $94,342. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,672/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2013
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42602, Albany, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,682 (100%) |
| Owner Occupied HU | 2,700 (57.7%) |
| Renter Occupied HU | 1,075 (23.0%) |
| Vacant Housing Units | 907 (19.4%) |
| Median Home Value | $115,265 |
| Average Home Value | $150,402 |
Housing Distribution
Address Breakdown
Residential
4,364
Single Family
4,364
Multi-Family
0
Businesses
425
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Listed by: Mark Neal • Neal Realty & Auction
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012532
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.