5 Bath AveOwingsvilleKY40360
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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 Owingsville at 5 Bath Ave, Owingsville, KY, 40360 uses $66,300 cash to close to unlock $944/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $1,296/mo, and a $979/mo payment keeps the spread at $79/mo. Purchase price stands at $200,000, and rental yield measures 7.78% with $1,296/mo rent. Return on cash invested shows 21.33% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 110.35% and total cumulative return in cash records $73,160. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,296/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1939
0.32 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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Listed by: Joshua Warren • Freedom Realty & Property Management
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006937
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.