3595 Melrose RdSonoraKY42776
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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 Sonora at 3595 Melrose Rd, Sonora, KY, 42776 priced at $389,000 converts $1,794/mo rent into after a $1,904/mo obligation. Total monthly income equals $1,794/mo. Return on cash invested prints 14.57% in year one, and rental yield reads 5.53% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 74.11% and total cumulative return in cash sums $95,562. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,794/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 2025
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42776, Sonora, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,138 (100%) |
| Owner Occupied HU | 864 (75.9%) |
| Renter Occupied HU | 171 (15.0%) |
| Vacant Housing Units | 103 ( 9.1%) |
| Median Home Value | $209,701 |
| Average Home Value | $329,991 |
Housing Distribution
Address Breakdown
Residential
1,082
Single Family
1,082
Multi-Family
0
Businesses
41
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Listed by: Val Claycomb • SCHULER BAUER REAL ESTATE SERVICES ERA POWERED- Elizabethtown
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25001294
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