








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Dixon at 59 Picas Austin Rd, Dixon, KY, 42450 listed at $333,000 pairs $1,222/mo rent with a $1,630/mo payment. Total monthly income runs $1,222/mo. Return on cash invested measures 11.16% in year one, and rental yield registers 4.4% at a $333,000 basis. Equity gained on principal adds $2,149/yr, and annual property appreciation at 5% supports $92,002 by year five. Five-year ROI tracks 55.82% and total cumulative return in cash totals $61,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,222/mo property income relative to a $1,630/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
12.58 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42450, Providence, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,137 (60.1%) |
| Renter Occupied HU | 452 (23.9%) |
| Vacant Housing Units | 304 (16.1%) |
| Median Home Value | $75,879 |
| Average Home Value | $135,204 |
Residential
1,806
Single Family
1,780
Multi-Family
26
Businesses
143
Date | Event | Price |
|---|---|---|
| 2025-02-14 | Price change | $333,000 |
| 2025-01-28 | Price change | $360,000 |
| 2025-01-06 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-02-21 | $809.19 | 56.15% | $93,300 | 34.24% |
| 2019-02-21 | $518.22 | 5.78% | $69,500 | 61.44% |
| 2018-02-21 | $489.92 | 2.81% | $43,050 | N/A |



What's Special
Access Only
Listed by: Joy B Watson • Re/Max Elite Lexington
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25000323
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.