5570 New Providence RdHazelKY42049
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 Hazel at 5570 New Providence Rd, Hazel, KY, 42049 offers a 9.98% rental yield on a $239,000 purchase with $1,988/mo rent. Total monthly income registers $1,988/mo, and a $1,170/mo payment leaves $533/mo available for distribution. Annual cash flow reaches $6,398/yr on $79,229 to close, and return on cash invested stands at 27.98% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 146.07% and total cumulative return in cash at $115,728. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,988/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42049, Hazel, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 581 (68.9%) |
| Renter Occupied HU | 135 (16.0%) |
| Vacant Housing Units | 127 (15.1%) |
| Median Home Value | $218,094 |
| Average Home Value | $225,353 |
Housing Distribution
Address Breakdown
Residential
721
Single Family
721
Multi-Family
0
Businesses
24
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