6700 Highway 490East BernstadtKY40729
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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 East Bernstadt at 6700 Highway 490, East Bernstadt, KY, 40729 generates $3,469/mo in rent, after a $3,177/mo payment. Total monthly income is $3,469/mo. Return on cash invested sits at 17.35% in year one, and rental yield is 6.41% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 88.98% and total cumulative return in cash sums $189,984. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,469/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
25.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40729, East Bernstadt, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,494 (100%) |
| Owner Occupied HU | 1,838 (73.7%) |
| Renter Occupied HU | 423 (17.0%) |
| Vacant Housing Units | 233 ( 9.3%) |
| Median Home Value | $157,031 |
| Average Home Value | $170,039 |
Housing Distribution
Address Breakdown
Residential
2,315
Single Family
2,314
Multi-Family
1
Businesses
74
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Listed by: Connie Hunt • Century 21 Advantage Realty
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24006372
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.