71 Heath Chestnut RdStearnsKY42647
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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 Stearns at 71 Heath Chestnut Rd, Stearns, KY, 42647 with 5% annual appreciation on a $175,000 basis while $1,384/mo rent supports operations. Total monthly income totals $1,384/mo and a $857/mo payment preserves $318/mo for cash returns. Annual cash flow comes to $3,822/yr on $58,013 deployed, and return on cash invested reaches 26.5% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 9.49%. Five-year ROI measures 138.06% and total cumulative return in cash totals $80,095.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,384/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42647, Stearns, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,152 (67.4%) |
| Renter Occupied HU | 343 (20.1%) |
| Vacant Housing Units | 214 (12.5%) |
| Median Home Value | $101,594 |
| Average Home Value | $132,556 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,168
Multi-Family
0
Businesses
45
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Listed by: Dustin Winchester • Weichert Realtors Ford Brothers, Inc.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25004980
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