62 Heavenly Heights RdManchesterKY40962
Nearby investment properties with comparable rents
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
Investment property for sale in Manchester at 62 Heavenly Heights Rd, Manchester, KY, 40962 at $149,000 posts ROI 26.55% with $273/mo cash flow from $1,180/mo rent. Total monthly income equals $1,180/mo, and annual cash flow records $3,281/yr on $49,394 to close. Return on cash invested measures 26.55% and rental yield reads 9.5% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 138.37% and total cumulative return in cash totals $68,344.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,180/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40962, Manchester, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,366 (100%) |
| Owner Occupied HU | 4,757 (64.6%) |
| Renter Occupied HU | 1,874 (25.4%) |
| Vacant Housing Units | 735 ( 10.0%) |
| Median Home Value | $91,071 |
| Average Home Value | $133,329 |
Housing Distribution
Address Breakdown
Residential
7,039
Single Family
6,987
Multi-Family
52
Businesses
479
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Listed by: Andrew Sester • Sester & Co Realty
Mls Name: Imagine MLS
Mls ID: #25507668