380 S Buckingham AveWest Van LearKY41268
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
Rental property for sale in West Van Lear at 380 S Buckingham Ave, West Van Lear, KY, 41268 priced at $139,000 pairs $1,054/mo rent with $208/mo cash flow after a $680/mo payment. Total monthly income equals $1,054/mo, and annual cash flow comes to $2,500/yr on $46,079 invested. Return on cash invested is 25.34% in year one, and rental yield stands at 9.1% on a $139,000 basis. Equity gained on principal adds $897/yr, and 5% annual appreciation accumulates to $38,403 by year five. Five-year ROI measures 131.87% and total cumulative return in cash reaches $60,764. For financing, Ziffy Mortgage’s DSCR program evaluates $1,054/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41268, West Van Lear, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 155 (100%) |
| Owner Occupied HU | 120 (77.4%) |
| Renter Occupied HU | 29 (18.7%) |
| Vacant Housing Units | 6 ( 3.9%) |
| Median Home Value | $136,207 |
| Average Home Value | $125,563 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
2
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Listed by: Jeremy Duncan • Redd, Brown & Williams Real Estate Services(Paint)
Mls Name: Eastern Kentucky AOR
Mls ID: #126369