655 Meade Springs RdBrandenburgKY40108
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
Rental property for sale in Brandenburg at 655 Meade Springs Rd, Brandenburg, KY, 40108 offers $1,181/mo rent that, after a $920/mo payment, leaves $37/mo cash flow. Total monthly income is $1,181/mo, and annual cash flow is $444/yr on $62,322 cash. Return on cash invested measures 20.62% in year one, and rental yield stands at 7.54% at a $188,000 entry. Equity gained on principal adds $1,213/yr while 5% annual appreciation compounds into $51,941 by year five. Five-year ROI records 106.49% and total cumulative return in cash reaches $66,368. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,181/mo property income versus a $920/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1840
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40108, Brandenburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,194 (100%) |
| Owner Occupied HU | 3,729 (71.8%) |
| Renter Occupied HU | 1,076 (20.7%) |
| Vacant Housing Units | 389 ( 7.5%) |
| Median Home Value | $234,602 |
| Average Home Value | $257,173 |
Housing Distribution
Address Breakdown
Residential
5,108
Single Family
5,104
Multi-Family
4
Businesses
414
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Nearby investment properties with comparable prices
Listed by: Karen Denner • SCHULER BAUER REAL ESTATE SERVICES ERA POWERED - BRANDENBURG
Mls Name: HKMLS
Mls ID: #HK25005154