384 Johnson Branch RdParksvilleKY40464
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 Parksville at 384 Johnson Branch Rd, Parksville, KY, 40464 priced at $269,000 converts $1,736/mo rent into $98/mo cash flow after a $1,317/mo obligation. Total monthly income equals $1,736/mo, and annual cash flow totals $1,181/yr on $89,174 invested. Return on cash invested prints 21.23% in year one, and rental yield reads 7.74% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 109.85% and total cumulative return in cash sums $97,955. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,736/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in 1995
13.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40464, Parksville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 547 (100%) |
| Owner Occupied HU | 429 (78.4%) |
| Renter Occupied HU | 76 (13.9%) |
| Vacant Housing Units | 42 ( 7.7%) |
| Median Home Value | $211,161 |
| Average Home Value | $265,408 |
Housing Distribution
Address Breakdown
Residential
436
Single Family
436
Multi-Family
0
Businesses
8
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Listed by: Sabrina Murphy • Coldwell Banker VIP Realty, Inc.
Mls Name: Imagine MLS
Mls ID: #25505103