748 Stablewatch DrIndependenceKY41051
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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 Independence at 748 Stablewatch Dr, Independence, KY, 41051 with 5% annual appreciation on a $365,000 basis while $3,066/mo rent supports operations. Total monthly income totals $3,066/mo and a $1,786/mo payment preserves $845/mo for cash returns. Annual cash flow comes to $10,140/yr on $120,998 deployed, and return on cash invested reaches 28.29% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 10.08%. Five-year ROI measures 147.67% and total cumulative return in cash totals $178,675.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,066/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41051, Independence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,467 (100%) |
| Owner Occupied HU | 9,379 (81.8%) |
| Renter Occupied HU | 1,783 (15.5%) |
| Vacant Housing Units | 305 ( 2.7%) |
| Median Home Value | $266,323 |
| Average Home Value | $300,312 |
Housing Distribution
Address Breakdown
Residential
11,820
Single Family
11,350
Multi-Family
470
Businesses
356
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Listed by: Michael Waggoner • Keller Williams Advisors
Mls Name: NKMLS
Mls ID: #637567