3647 Oakland Flatrock RdOaklandKY42159
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 Oakland at 3647 Oakland Flatrock Rd, Oakland, KY, 42159 with 5% annual appreciation on a $285,900 basis while $2,039/mo rent supports operations. Total monthly income totals $2,039/mo and a $1,399/mo payment preserves $299/mo for cash returns. Annual cash flow comes to $3,592/yr on $94,776 deployed, and return on cash invested reaches 23.7% in year one. Equity gained on principal adds $1,845/yr, and five-year appreciation sums $78,989 alongside rental yield of 8.56%. Five-year ROI measures 123.06% and total cumulative return in cash totals $116,629.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,039/mo property income versus a $1,399/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42159, Oakland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 662 (100%) |
| Owner Occupied HU | 487 (73.6%) |
| Renter Occupied HU | 115 (17.4%) |
| Vacant Housing Units | 60 ( 9.1%) |
| Median Home Value | $283,269 |
| Average Home Value | $325,262 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
14
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Listed by: Chris W Gravil • United Country, Heartland Realty & Auction, LLC
Mls Name: RASK
Mls Provider:
Mls ID: #RA20244782
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.