5599 State Route 40 WOil SpringsKY41238
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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 Oil Springs at 5599 State Route 40 W, Oil Springs, KY, 41238 uses $54,001 cash to close to unlock $5,183/yr annual cash flow and $432/mo monthly cash flow. Total monthly income runs $1,423/mo, and a $797/mo payment keeps the spread at $432/mo. Purchase price stands at $162,900, and rental yield measures 10.48% with $1,423/mo rent. Return on cash invested shows 29.51% in year one, and 5% annual appreciation builds toward $45,006 over five years. Five-year ROI reaches 154.17% and total cumulative return in cash records $83,256. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,423/mo property income covering a $797/mo payment rather than investor’s personal income.
Single Family
Built in 2003
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41238, Oil Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 572 (100%) |
| Owner Occupied HU | 411 (71.9%) |
| Renter Occupied HU | 104 (18.2%) |
| Vacant Housing Units | 57 ( 10.0%) |
| Median Home Value | $141,786 |
| Average Home Value | $173,662 |
Housing Distribution
Address Breakdown
Residential
476
Single Family
476
Multi-Family
0
Businesses
7
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