450 Slate AveOwingsvilleKY40360
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
Investment property for sale in Owingsville at 450 Slate Ave, Owingsville, KY, 40360 at $270,000 posts ROI 31.32% with $851/mo cash flow from $2,495/mo rent. Total monthly income equals $2,495/mo, and annual cash flow records $10,215/yr on $89,505 to close. Return on cash invested measures 31.32% and rental yield reads 11.09% at the current $270,000. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 by year five. Five-year ROI prints 163.94% and total cumulative return in cash totals $146,737.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,495/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40360, Owingsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,167 (100%) |
| Owner Occupied HU | 2,081 (65.7%) |
| Renter Occupied HU | 785 (24.8%) |
| Vacant Housing Units | 301 ( 9.5%) |
| Median Home Value | $119,821 |
| Average Home Value | $142,007 |
Housing Distribution
Address Breakdown
Residential
2,653
Single Family
2,653
Multi-Family
0
Businesses
161
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Nearby investment properties with comparable prices
Listed by: Joshua A Davis • The Agency
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25002331
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.