7703 Highway 472ManchesterKY40962
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
Rental property for sale in Manchester at 7703 Highway 472, Manchester, KY, 40962 generates $1,818/mo in rent and, after a $979/mo payment, leaves $601/mo in cash flow. Total monthly income is $1,818/mo, and annual cash flow is $7,208/yr on $66,300 invested. Return on cash invested sits at 30.78% in year one, and rental yield is 10.91% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 161.03% and total cumulative return in cash sums $106,760. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,818/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40962, Manchester, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,366 (100%) |
| Owner Occupied HU | 4,757 (64.6%) |
| Renter Occupied HU | 1,874 (25.4%) |
| Vacant Housing Units | 735 ( 10.0%) |
| Median Home Value | $91,071 |
| Average Home Value | $133,329 |
Housing Distribution
Address Breakdown
Residential
7,039
Single Family
6,987
Multi-Family
52
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherry L Watkins • Sester & Co Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25503206
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.