495 Pooles Creek RdCold SpringKY41076
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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 Cold Spring at 495 Pooles Creek Rd, Cold Spring, KY, 41076 priced at $294,900 converts $1,968/mo rent into $174/mo cash flow after a $1,443/mo obligation. Total monthly income equals $1,968/mo, and annual cash flow totals $2,083/yr on $97,759 invested. Return on cash invested prints 22.04% in year one, and rental yield reads 8.01% against a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation compiles into $81,475 by year five. Five-year ROI reaches 114.14% and total cumulative return in cash sums $111,583. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,968/mo property income covering a $1,443/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41076, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,771 (100%) |
| Owner Occupied HU | 5,539 (71.3%) |
| Renter Occupied HU | 1,911 (24.6%) |
| Vacant Housing Units | 321 ( 4.1%) |
| Median Home Value | $275,264 |
| Average Home Value | $293,103 |
Housing Distribution
Address Breakdown
Residential
7,486
Single Family
5,195
Multi-Family
2,291
Businesses
480
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Listed by: Lisa Brandenburg • Huff Realty - Florence
Mls Name: NKMLS
Mls ID: #639345