753 E Highway 60OwingsvilleKY40360
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 Owingsville at 753 E Highway 60, Owingsville, KY, 40360 uses $99,119 cash to close to unlock $11,804/yr annual cash flow and $984/mo monthly cash flow. Total monthly income runs $2,803/mo, and a $1,463/mo payment keeps the spread at $984/mo. Purchase price stands at $299,000, and rental yield measures 11.25% with $2,803/mo rent. Return on cash invested shows 31.82% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 166.59% and total cumulative return in cash records $165,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,803/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 2015
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40360, Owingsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,167 (100%) |
| Owner Occupied HU | 2,081 (65.7%) |
| Renter Occupied HU | 785 (24.8%) |
| Vacant Housing Units | 301 ( 9.5%) |
| Median Home Value | $119,821 |
| Average Home Value | $142,007 |
Housing Distribution
Address Breakdown
Residential
2,653
Single Family
2,653
Multi-Family
0
Businesses
161
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Listed by: Joshua A Davis • The Agency
Mls Name: Imagine MLS
Mls ID: #25501992