786 Masden RdBostonKY40107
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 Boston at 786 Masden Rd, Boston, KY, 40107 priced at $325,000 converts $1,744/mo rent into after a $1,591/mo obligation. Total monthly income equals $1,744/mo. Return on cash invested prints 17.3% in year one, and rental yield reads 6.44% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 88.72% and total cumulative return in cash sums $95,581. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,744/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1990
7.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40107, Boston, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 780 (76.1%) |
| Renter Occupied HU | 123 (12.0%) |
| Vacant Housing Units | 122 (11.9%) |
| Median Home Value | $237,559 |
| Average Home Value | $261,112 |
Housing Distribution
Address Breakdown
Residential
938
Single Family
938
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clinkenbeard Team • RE/MAX EXECUTIVE GROUP, INC.
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24004639
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.