775 Conover LnColumbiaKY42728
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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 Columbia at 775 Conover Ln, Columbia, KY, 42728 priced at $319,900 converts $1,828/mo rent into after a $1,566/mo obligation. Total monthly income equals $1,828/mo. Return on cash invested prints 18.56% in year one, and rental yield reads 6.86% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 95.48% and total cumulative return in cash sums $101,252. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,828/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2017
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42728, Columbia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,454 (100%) |
| Owner Occupied HU | 4,718 (63.3%) |
| Renter Occupied HU | 1,706 (22.9%) |
| Vacant Housing Units | 1,030 (13.8%) |
| Median Home Value | $174,555 |
| Average Home Value | $209,118 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,845
Multi-Family
0
Businesses
658
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