530 Bates RdNancyKY42544
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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 Nancy at 530 Bates Rd, Nancy, KY, 42544 uses $48,731 cash to close to unlock $2,806/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $1,128/mo, and a $719/mo payment keeps the spread at $234/mo. Purchase price stands at $147,000, and rental yield measures 9.21% with $1,128/mo rent. Return on cash invested shows 25.67% in year one, and 5% annual appreciation builds toward $40,613 over five years. Five-year ROI reaches 133.57% and total cumulative return in cash records $65,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,128/mo property income covering a $719/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42544, Nancy, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,120 (54.3%) |
| Renter Occupied HU | 480 (12.3%) |
| Vacant Housing Units | 1,304 (33.4%) |
| Median Home Value | $191,935 |
| Average Home Value | $236,939 |
Housing Distribution
Address Breakdown
Residential
2,871
Single Family
2,871
Multi-Family
0
Businesses
93
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