460 Open Fork RdDavidKY41616
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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 David at 460 Open Fork Rd, David, KY, 41616 listed at $143,008 pairs $1,477/mo rent with a $700/mo payment to leave $607/mo cash flow. Total monthly income runs $1,477/mo, and annual cash flow reaches $7,279/yr on $47,407 cash to close. Return on cash invested measures 35.26% in year one, and rental yield registers 12.39% at a $143,008 basis. Equity gained on principal adds $923/yr, and annual property appreciation at 5% supports $39,510 by year five. Five-year ROI tracks 185.1% and total cumulative return in cash totals $87,751. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,477/mo property income relative to a $700/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
125 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41616, David, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 222 (100%) |
| Owner Occupied HU | 142 (64.0%) |
| Renter Occupied HU | 43 (19.4%) |
| Vacant Housing Units | 37 (16.7%) |
| Median Home Value | $101,667 |
| Average Home Value | $188,415 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
227
Multi-Family
0
Businesses
5
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