384 Enchanted Forest WayBurnsideKY42519
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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 Burnside at 384 Enchanted Forest Way, Burnside, KY, 42519 at $299,000 posts ROI 29.99% with $833/mo cash flow from $2,902/mo rent. Total monthly income equals $2,902/mo, and annual cash flow records $9,992/yr on $99,119 to close. Return on cash invested measures 29.99% and rental yield reads 11.65% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 157.87% and total cumulative return in cash totals $156,478.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,902/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
0.35 Acres lot
$N/A/sqft
$3,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42519, Burnside, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 997 (42.0%) |
| Renter Occupied HU | 268 (11.3%) |
| Vacant Housing Units | 1,107 (46.7%) |
| Median Home Value | $143,438 |
| Average Home Value | $222,733 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,454
Multi-Family
0
Businesses
55
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Listed by: Brandon Davis • No Wake Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24018719
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.