65 McKenzie AdditionVan LearKY41265
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 Van Lear at 65 McKenzie Addition, Van Lear, KY, 41265 offers a 9.89% rental yield on a $169,900 purchase with $1,400/mo rent. Total monthly income registers $1,400/mo, and a $832/mo payment leaves $366/mo available for distribution. Annual cash flow reaches $4,386/yr on $56,322 to close, and return on cash invested stands at 27.7% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 144.52% and total cumulative return in cash at $81,398. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,400/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41265, Van Lear, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 724 (100%) |
| Owner Occupied HU | 540 (74.6%) |
| Renter Occupied HU | 105 (14.5%) |
| Vacant Housing Units | 79 (10.9%) |
| Median Home Value | $184,459 |
| Average Home Value | $260,306 |
Housing Distribution
Address Breakdown
Residential
651
Single Family
651
Multi-Family
0
Businesses
4
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