54 Unity RdManchesterKY40962
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 Manchester at 54 Unity Rd, Manchester, KY, 40962 offers $1,260/mo rent that, after a $710/mo payment, leaves $377/mo cash flow. Total monthly income is $1,260/mo, and annual cash flow is $4,527/yr on $48,068 cash. Return on cash invested measures 29.33% in year one, and rental yield stands at 10.43% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 153.3% and total cumulative return in cash reaches $73,688. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,260/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40962, Manchester, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,366 (100%) |
| Owner Occupied HU | 4,757 (64.6%) |
| Renter Occupied HU | 1,874 (25.4%) |
| Vacant Housing Units | 735 ( 10.0%) |
| Median Home Value | $91,071 |
| Average Home Value | $133,329 |
Housing Distribution
Address Breakdown
Residential
7,039
Single Family
6,987
Multi-Family
52
Businesses
479
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Nearby investment properties with comparable prices
Listed by: G Ashley Grubb • Lockhart Realty Group, LLC
Mls Name: Imagine MLS
Mls ID: #25500241