467 Harmony LnBurnsideKY42519
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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 Burnside at 467 Harmony Ln, Burnside, KY, 42519 uses $99,119 cash to close to unlock $3,236/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $2,089/mo, and a $1,463/mo payment keeps the spread at $270/mo. Purchase price stands at $299,000, and rental yield measures 8.38% with $2,089/mo rent. Return on cash invested shows 23.17% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 120.22% and total cumulative return in cash records $119,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,089/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 2000
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42519, Burnside, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 997 (42.0%) |
| Renter Occupied HU | 268 (11.3%) |
| Vacant Housing Units | 1,107 (46.7%) |
| Median Home Value | $143,438 |
| Average Home Value | $222,733 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,454
Multi-Family
0
Businesses
55
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