3860 Newfound RdOneidaKY40972
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 3860 Newfound Rd, Oneida, KY, 40972 in Oneida delivers $1,404/mo in gross rent and $278/mo in net monthly income at a $185,000 entry. The 9.11% yield and 1.69 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $51,112 over five years and $1,704/yr in equity from loan paydown, total projected return is $87,977.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 9.0% |
| Monthly Cash Flow | $278 | $700 |
City averages based on Oneida market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,404 |
| Total Monthly Debt Service | $1,052 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Whitney Hahn • Lifstyl Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25004710
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.