5507 E Fork RdOwingsvilleKY40360
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
Investment property for sale in Owingsville at 5507 E Fork Rd, Owingsville, KY, 40360 uses $62,952 cash to close to unlock $692/yr annual cash flow and $58/mo monthly cash flow. Total monthly income runs $1,213/mo, and a $929/mo payment keeps the spread at $58/mo. Purchase price stands at $189,900, and rental yield measures 7.67% with $1,213/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 108.61% and total cumulative return in cash records $68,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,213/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40360, Owingsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,167 (100%) |
| Owner Occupied HU | 2,081 (65.7%) |
| Renter Occupied HU | 785 (24.8%) |
| Vacant Housing Units | 301 ( 9.5%) |
| Median Home Value | $119,821 |
| Average Home Value | $142,007 |
Housing Distribution
Address Breakdown
Residential
2,653
Single Family
2,653
Multi-Family
0
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Kachler • Kachler Real Estate Services, LLC
Mls Name: Buffalo Trace MLS
Mls ID: #43759
Disclaimer: Copyright Buffalo Trace Multi List Service. All rights reserved. Information is deemed reliable but not guaranteed.