63 Cove Branch RdOrlandoKY40460
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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 Orlando at 63 Cove Branch Rd, Orlando, KY, 40460 generates $941/mo in rent and, after a $587/mo payment, leaves $211/mo in cash flow. Total monthly income is $941/mo, and annual cash flow is $2,532/yr on $39,780 invested. Return on cash invested sits at 26.27% in year one, and rental yield is 9.41% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 136.82% and total cumulative return in cash sums $54,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $941/mo property income rather than buyer’s personal income.
Manufactured
Built in 2006
5.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40460, Orlando, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 410 (100%) |
| Owner Occupied HU | 311 (75.9%) |
| Renter Occupied HU | 44 (10.7%) |
| Vacant Housing Units | 55 (13.4%) |
| Median Home Value | $108,232 |
| Average Home Value | $140,297 |
Housing Distribution
Address Breakdown
Residential
443
Single Family
443
Multi-Family
0
Businesses
2
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