445 Elk Lake Resort Rd #663OwentonKY40359
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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
Total monthly income runs $690/mo, and a $2,668/mo payment. Purchase price stands at $545,000, and rental yield measures 1.52% with $690/mo rent. Return on cash invested shows 1.08% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 2.24% and total cumulative return in cash records $4,008. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $690/mo property income covering a $2,668/mo payment rather than investor’s personal income.
Single Family
Built in 2020
N/A lot
$N/A/sqft
$2,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40359, Owenton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,546 (100%) |
| Owner Occupied HU | 2,187 (61.7%) |
| Renter Occupied HU | 662 (18.7%) |
| Vacant Housing Units | 697 (19.7%) |
| Median Home Value | $201,947 |
| Average Home Value | $228,341 |
Housing Distribution
Address Breakdown
Residential
2,935
Single Family
2,935
Multi-Family
0
Businesses
204
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Listed by: Patrick Tenoever • Sibcy Cline, REALTORS-Florence
Mls Name: NKMLS
Mls Provider:
Mls ID: #627416
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