424 Hansborough RdCeciliaKY42724
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 Cecilia at 424 Hansborough Rd, Cecilia, KY, 42724 priced at $393,400 converts $2,688/mo rent into $294/mo cash flow after a $1,926/mo obligation. Total monthly income equals $2,688/mo, and annual cash flow totals $3,530/yr on $130,412 invested. Return on cash invested prints 22.62% in year one, and rental yield reads 8.2% against a $393,400 entry. Equity gained on principal adds $2,539/yr, while 5% annual appreciation compiles into $108,689 by year five. Five-year ROI reaches 117.24% and total cumulative return in cash sums $152,900. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,688/mo property income covering a $1,926/mo payment, not borrower’s personal income.
Single Family
Built in 2010
3.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42724, Cecilia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,139 (100%) |
| Owner Occupied HU | 1,726 (80.7%) |
| Renter Occupied HU | 259 (12.1%) |
| Vacant Housing Units | 154 ( 7.2%) |
| Median Home Value | $260,156 |
| Average Home Value | $284,968 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
69
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