518 River Hill Church RdEast BernstadtKY40729
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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 East Bernstadt at 518 River Hill Church Rd, East Bernstadt, KY, 40729 uses $42,764 cash to close to unlock $2,487/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $992/mo, and a $631/mo payment keeps the spread at $207/mo. Purchase price stands at $129,000, and rental yield measures 9.23% with $992/mo rent. Return on cash invested shows 25.73% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 133.99% and total cumulative return in cash records $57,301. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $992/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 2019
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40729, East Bernstadt, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,494 (100%) |
| Owner Occupied HU | 1,838 (73.7%) |
| Renter Occupied HU | 423 (17.0%) |
| Vacant Housing Units | 233 ( 9.3%) |
| Median Home Value | $157,031 |
| Average Home Value | $170,039 |
Housing Distribution
Address Breakdown
Residential
2,315
Single Family
2,314
Multi-Family
1
Businesses
74
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Listed by: Margaret G Gray • Re/Max Laketime Realty London
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25001954
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.