701 Lakeview DrBloomfieldKY40008
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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 701 Lakeview Dr, Bloomfield, KY, 40008 with 5% annual appreciation on a $175,000 basis while $1,535/mo rent supports operations. Total monthly income totals $1,535/mo and a $857/mo payment preserves $469/mo for cash returns. Annual cash flow comes to $5,634/yr on $58,013 deployed, and return on cash invested reaches 29.62% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 10.53%. Five-year ROI measures 154.82% and total cumulative return in cash totals $89,815.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,535/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
2.45 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: Todd Hyatt • Lois Ann Disponett Real Est
Mls Name: Imagine MLS
Mls ID: #26000083