517 Erwin RdgOlive HillKY41164
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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
Investment property for sale in Olive Hill at 517 Erwin Rdg, Olive Hill, KY, 41164 at $239,900 posts ROI 27.18% with $482/mo cash flow from $1,942/mo rent. Total monthly income equals $1,942/mo, and annual cash flow records $5,785/yr on $79,527 to close. Return on cash invested measures 27.18% and rental yield reads 9.71% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 141.76% and total cumulative return in cash totals $112,735.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,942/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41164, Olive Hill, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,913 (100%) |
| Owner Occupied HU | 4,152 (70.2%) |
| Renter Occupied HU | 954 (16.1%) |
| Vacant Housing Units | 807 (13.6%) |
| Median Home Value | $119,137 |
| Average Home Value | $171,858 |
Housing Distribution
Address Breakdown
Residential
4,890
Single Family
4,890
Multi-Family
0
Businesses
144
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Listed by: JODY B MAYO • Realty Exchange
Mls Name: AABR
Mls Provider:
Mls ID: #59021
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.