6803 State Route 849 WCunninghamKY42035
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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 Cunningham at 6803 State Route 849 W, Cunningham, KY, 42035 uses $77,869 cash to close to unlock $1,753/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,576/mo, and a $1,150/mo payment keeps the spread at $146/mo. Purchase price stands at $234,900, and rental yield measures 8.05% with $1,576/mo rent. Return on cash invested shows 22.16% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 114.82% and total cumulative return in cash records $89,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,576/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42035, Cunningham, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 284 (72.6%) |
| Renter Occupied HU | 59 (15.1%) |
| Vacant Housing Units | 48 (12.3%) |
| Median Home Value | $203,947 |
| Average Home Value | $327,958 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
348
Multi-Family
0
Businesses
49
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Listed by: Barry Pritchard • Keller Williams Experience Realty
Mls Name: WKRMLS
Mls ID: #133060
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.