6205 Salt Lick RdVanceburgKY41179
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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
Rental property for sale in Vanceburg at 6205 Salt Lick Rd, Vanceburg, KY, 41179 offers $802/mo rent that, after a $1,762/mo payment. Total monthly income is $802/mo. Return on cash invested measures 5.94% in year one, and rental yield stands at 2.67% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 27.82% and total cumulative return in cash reaches $33,194. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $802/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2015
78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41179, Vanceburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,574 (100%) |
| Owner Occupied HU | 2,308 (64.6%) |
| Renter Occupied HU | 740 (20.7%) |
| Vacant Housing Units | 526 (14.7%) |
| Median Home Value | $100,431 |
| Average Home Value | $146,464 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
3,172
Multi-Family
10
Businesses
169
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Listed by: Phillip Francis • Homeland Real Estate Inc
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25004561
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.