3535 State Route 2837ClayKY42404
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
Investment property for sale in Clay at 3535 State Route 2837, Clay, KY, 42404 listed at $140,000 pairs $923/mo rent with a $685/mo payment to leave $71/mo cash flow. Total monthly income runs $923/mo, and annual cash flow reaches $854/yr on $46,410 cash to close. Return on cash invested measures 21.75% in year one, and rental yield registers 7.91% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 112.65% and total cumulative return in cash totals $52,282. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $923/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2011
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42404, Clay, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 759 (68.0%) |
| Renter Occupied HU | 206 (18.5%) |
| Vacant Housing Units | 151 (13.5%) |
| Median Home Value | $116,518 |
| Average Home Value | $200,807 |
Housing Distribution
Address Breakdown
Residential
936
Single Family
936
Multi-Family
0
Businesses
46
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