70 Howardstown RdRaywickKY40060
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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 Raywick at 70 Howardstown Rd, Raywick, KY, 40060 priced at $249,000 converts $1,565/mo rent into $49/mo cash flow after a $1,219/mo obligation. Total monthly income equals $1,565/mo, and annual cash flow totals $591/yr on $82,544 invested. Return on cash invested prints 20.63% in year one, and rental yield reads 7.54% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 106.59% and total cumulative return in cash sums $87,980. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,565/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40060, Raywick, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 395 (81.3%) |
| Renter Occupied HU | 67 (13.8%) |
| Vacant Housing Units | 24 ( 4.9%) |
| Median Home Value | $215,566 |
| Average Home Value | $282,076 |
Housing Distribution
Address Breakdown
Residential
570
Single Family
570
Multi-Family
0
Businesses
20
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