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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Independence at 603 Branch Ct, Independence, KY, 41051 with 5% annual appreciation on a $255,000 basis while $2,302/mo rent supports operations. Total monthly income totals $2,302/mo and a $1,248/mo payment preserves $750/mo for cash returns. Annual cash flow comes to $9,001/yr on $84,533 deployed, and return on cash invested reaches 30.56% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 10.83%. Five-year ROI measures 159.87% and total cumulative return in cash totals $135,140.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,302/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41051, Independence, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,467 (100%) |
| Owner Occupied HU | 9,379 (81.8%) |
| Renter Occupied HU | 1,783 (15.5%) |
| Vacant Housing Units | 305 ( 2.7%) |
| Median Home Value | $266,323 |
| Average Home Value | $300,312 |
Residential
11,820
Single Family
11,350
Multi-Family
470
Businesses
356
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stephanie Scheid • Cahill Real Estate Services
Mls Name: NKMLS
Mls ID: #637302
