43 Barnacle DrNew ConcordKY42076
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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 New Concord at 43 Barnacle Dr, New Concord, KY, 42076 listed at $205,900 pairs $1,496/mo rent with a $1,008/mo payment to leave $243/mo cash flow. Total monthly income runs $1,496/mo, and annual cash flow reaches $2,912/yr on $68,256 cash to close. Return on cash invested measures 24.17% in year one, and rental yield registers 8.72% at a $205,900 basis. Equity gained on principal adds $1,329/yr, and annual property appreciation at 5% supports $56,886 by year five. Five-year ROI tracks 125.62% and total cumulative return in cash totals $85,740. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,496/mo property income relative to a $1,008/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42076, New Concord, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 442 (51.0%) |
| Renter Occupied HU | 72 ( 8.3%) |
| Vacant Housing Units | 353 (40.7%) |
| Median Home Value | $153,125 |
| Average Home Value | $251,052 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
688
Multi-Family
0
Businesses
8
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