3504 E Fork RdMeansKY40346
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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
Rental property for sale in Means at 3504 E Fork Rd, Means, KY, 40346 offers $995/mo rent that, after a $2,789/mo payment. Total monthly income is $995/mo. Return on cash invested measures 4.23% in year one, and rental yield stands at 2.1% at a $569,900 entry. Equity gained on principal adds $3,677/yr while 5% annual appreciation compounds into $157,453 by year five. Five-year ROI records 18.6% and total cumulative return in cash reaches $34,878. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $995/mo property income versus a $2,789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
200 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40346, Means, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 343 (100%) |
| Owner Occupied HU | 254 (74.1%) |
| Renter Occupied HU | 66 (19.2%) |
| Vacant Housing Units | 23 ( 6.7%) |
| Median Home Value | $95,217 |
| Average Home Value | $124,518 |
Housing Distribution
Address Breakdown
Residential
372
Single Family
372
Multi-Family
0
Businesses
9
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