7 S Chowning LnBloomfieldKY40008
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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 Bloomfield at 7 S Chowning Ln, Bloomfield, KY, 40008 earns from $1,920/mo rent with a $1,597/mo payment. Total monthly income totals $1,920/mo. ROI tracks 19.18% on current figures, and rental yield reads 7.06% at a $326,300 purchase. Equity gained on principal adds $2,106/yr, and 5% annual appreciation supports $90,151 over five years. Five-year ROI reaches 98.82% and total cumulative return in cash sums $106,897. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in N/A
11.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40008, Bloomfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 1,333 (74.3%) |
| Renter Occupied HU | 285 (15.9%) |
| Vacant Housing Units | 176 ( 9.8%) |
| Median Home Value | $275,323 |
| Average Home Value | $323,385 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
57
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Listed by: Dwight A Conway • Conway Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24010238
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.