7641 Falls Creek WayBurlingtonKY41005
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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
Rental property for sale in Burlington at 7641 Falls Creek Way, Burlington, KY, 41005 generates $2,394/mo in rent and, after a $1,750/mo payment, leaves $218/mo in cash flow. Total monthly income is $2,394/mo, and annual cash flow is $2,616/yr on $118,511 invested. Return on cash invested sits at 22.12% in year one, and rental yield is 8.04% on a $357,500 entry. Equity gained on principal adds $2,307/yr, while 5% annual appreciation builds toward $98,771 over five years. Five-year ROI reaches 114.53% and total cumulative return in cash sums $135,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,394/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41005, Burlington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,618 (100%) |
| Owner Occupied HU | 7,263 (75.5%) |
| Renter Occupied HU | 1,954 (20.3%) |
| Vacant Housing Units | 401 ( 4.2%) |
| Median Home Value | $282,376 |
| Average Home Value | $325,137 |
Housing Distribution
Address Breakdown
Residential
9,248
Single Family
8,080
Multi-Family
1,168
Businesses
392
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Listed by: Team Sanders • Sibcy Cline, REALTORS-Florence
Mls Name: NKMLS
Mls ID: #637761