78 Bendefield RdFarmingtonKY42040
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 Farmington at 78 Bendefield Rd, Farmington, KY, 42040 offers $2,346/mo rent that, after a $1,150/mo payment, leaves $916/mo cash flow. Total monthly income is $2,346/mo, and annual cash flow is $10,992/yr on $77,903 cash. Return on cash invested measures 34.02% in year one, and rental yield stands at 11.98% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 178.35% and total cumulative return in cash reaches $138,940. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,346/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42040, Farmington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 502 (100%) |
| Owner Occupied HU | 351 (69.9%) |
| Renter Occupied HU | 113 (22.5%) |
| Vacant Housing Units | 38 ( 7.6%) |
| Median Home Value | $191,518 |
| Average Home Value | $237,393 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
485
Multi-Family
1
Businesses
17
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Nearby investment properties with comparable prices
Listed by: Bridget Dodd • Keller Williams Experience Realty
Mls Name: WKRMLS
Mls ID: #134302