509 Sapphire DrBereaKY40403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Berea at 509 Sapphire Dr, Berea, KY, 40403 priced at $267,500 converts $2,332/mo rent into $704/mo cash flow after a $1,309/mo obligation. Total monthly income equals $2,332/mo, and annual cash flow totals $8,451/yr on $88,676 invested. Return on cash invested prints 29.44% in year one, and rental yield reads 10.46% against a $267,500 entry. Equity gained on principal adds $1,726/yr, while 5% annual appreciation compiles into $73,905 by year five. Five-year ROI reaches 153.86% and total cumulative return in cash sums $136,436. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,332/mo property income covering a $1,309/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40403, Berea, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,224 (100%) |
| Owner Occupied HU | 7,789 (63.7%) |
| Renter Occupied HU | 3,605 (29.5%) |
| Vacant Housing Units | 830 ( 6.8%) |
| Median Home Value | $241,988 |
| Average Home Value | $265,708 |
Housing Distribution
Address Breakdown
Residential
11,527
Single Family
11,470
Multi-Family
57
Businesses
755
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Nearby investment properties with comparable prices
Listed by: Robin S Jones • Keller Williams Legacy Group
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012865
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.