470 Shagbark DrBloomfieldKY40008
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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
Rental property for sale in Bloomfield at 470 Shagbark Dr, Bloomfield, KY, 40008 priced at $499,900 pairs $3,079/mo rent with $36/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,079/mo, and annual cash flow comes to $435/yr on $165,717 invested. Return on cash invested is 20.17% in year one, and rental yield stands at 7.39% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 104.13% and total cumulative return in cash reaches $172,560. For financing, Ziffy Mortgage’s DSCR program evaluates $3,079/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
5.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40008, Bloomfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 1,333 (74.3%) |
| Renter Occupied HU | 285 (15.9%) |
| Vacant Housing Units | 176 ( 9.8%) |
| Median Home Value | $275,323 |
| Average Home Value | $323,385 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
57
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Listed by: Terry K Roberts • Coldwell Banker McMahan
Mls Name: GLARMLS
Mls ID: #1706442