3815 Newfound RdOneidaKY40972
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 Oneida at 3815 Newfound Rd, Oneida, KY, 40972 offers a 8.12% rental yield on a $174,900 purchase with $1,184/mo rent. Total monthly income registers $1,184/mo, and a $856/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,435/yr on $57,979 to close, and return on cash invested stands at 22.38% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 116.01% and total cumulative return in cash at $67,260. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,184/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40972, Oneida, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 629 (100%) |
| Owner Occupied HU | 371 (59.0%) |
| Renter Occupied HU | 112 (17.8%) |
| Vacant Housing Units | 146 (23.2%) |
| Median Home Value | $60,517 |
| Average Home Value | $100,869 |
Housing Distribution
Address Breakdown
Residential
599
Single Family
599
Multi-Family
0
Businesses
30
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