622 Branch CtIndependenceKY41051
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 Independence at 622 Branch Ct, Independence, KY, 41051 earns $563/mo cash flow from $2,146/mo rent with a $1,273/mo payment. Total monthly income totals $2,146/mo, and annual cash flow totals $6,758/yr on $86,190 capital. ROI tracks 27.75% on current figures, and rental yield reads 9.9% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 144.8% and total cumulative return in cash sums $124,805. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,146/mo property income instead of your personal income.
Single Family
Built in 2007
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41051, Independence, KY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,820
Single Family
11,350
Multi-Family
470
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Vories Team • Keller Williams Realty Services
Mls Name: NKMLS
Mls ID: #639128