74 W Cherry DrScience HillKY42553
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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 Science Hill at 74 W Cherry Dr, Science Hill, KY, 42553 uses $88,676 cash to close to unlock $7,659/yr annual cash flow and $638/mo monthly cash flow. Total monthly income runs $2,266/mo, and a $1,309/mo payment keeps the spread at $638/mo. Purchase price stands at $267,500, and rental yield measures 10.17% with $2,266/mo rent. Return on cash invested shows 28.55% in year one, and 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 149.04% and total cumulative return in cash records $132,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,266/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42553, Science Hill, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,448 (100%) |
| Owner Occupied HU | 1,660 (67.8%) |
| Renter Occupied HU | 488 (19.9%) |
| Vacant Housing Units | 300 (12.3%) |
| Median Home Value | $187,195 |
| Average Home Value | $259,854 |
Housing Distribution
Address Breakdown
Residential
2,162
Single Family
2,162
Multi-Family
0
Businesses
67
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Listed by: R Michael Broughton • Weichert Realtors Ford Brothers, Inc.
Mls Name: Imagine MLS
Mls ID: #25505256