587 Deer Run RdCold SpringKY41076
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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 Cold Spring at 587 Deer Run Rd, Cold Spring, KY, 41076 priced at $849,900 pairs $2,040/mo rent with after a $4,160/mo payment. Total monthly income equals $2,040/mo. Return on cash invested is 6.62% in year one, and rental yield stands at 2.88% on a $849,900 basis. Equity gained on principal adds $5,484/yr, and 5% annual appreciation accumulates to $234,812 by year five. Five-year ROI measures 31.39% and total cumulative return in cash reaches $87,782. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41076, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,771 (100%) |
| Owner Occupied HU | 5,539 (71.3%) |
| Renter Occupied HU | 1,911 (24.6%) |
| Vacant Housing Units | 321 ( 4.1%) |
| Median Home Value | $275,264 |
| Average Home Value | $293,103 |
Housing Distribution
Address Breakdown
Residential
7,486
Single Family
5,195
Multi-Family
2,291
Businesses
480
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Nearby investment properties with comparable prices
Listed by: Clayton Horan • Horan Rosenhagen Real Estate
Mls Name: NKMLS
Mls Provider:
Mls ID: #631064
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