6245 Highway 22 EOwentonKY40359
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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 Owenton at 6245 Highway 22 E, Owenton, KY, 40359 offers a 5.8% rental yield on a $315,000 purchase with $1,522/mo rent. 37% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 78.34% and total cumulative return in cash at $81,809. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,522/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
14.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40359, Owenton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,546 (100%) |
| Owner Occupied HU | 2,187 (61.7%) |
| Renter Occupied HU | 662 (18.7%) |
| Vacant Housing Units | 697 (19.7%) |
| Median Home Value | $201,947 |
| Average Home Value | $228,341 |
Housing Distribution
Address Breakdown
Residential
2,935
Single Family
2,935
Multi-Family
0
Businesses
204
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Listed by: Bradley Jones • Golden Triangle Realty, LLC
Mls Name: NKMLS
Mls Provider:
Mls ID: #632383
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