707 Poplar StRavennaKY40472
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ravenna at 707 Poplar St, Ravenna, KY, 40472 offers a 14.09% rental yield on a $140,000 purchase with $1,644/mo rent. Total monthly income registers $1,644/mo, and a $685/mo payment leaves $792/mo available for distribution. Annual cash flow reaches $9,506/yr on $46,410 to close, and return on cash invested stands at 40.39% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 212.67% and total cumulative return in cash at $98,698. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,644/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40472, Ravenna, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 445 (65.6%) |
| Renter Occupied HU | 127 (18.7%) |
| Vacant Housing Units | 106 (15.6%) |
| Median Home Value | $95,179 |
| Average Home Value | $112,904 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
736
Multi-Family
9
Businesses
38
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Listed by: Jacob Jones • Apex Realty Consultants
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24021410
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.