59 Picas Austin RdDixonKY42450
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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 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
Neighborhood data shown for ZIP Code: 42450, Providence, KY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,806
Single Family
1,780
Multi-Family
26
Businesses
143
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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.