7899 Defries RdCanmerKY42722
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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 Canmer at 7899 Defries Rd, Canmer, KY, 42722 generates $1,340/mo in rent, after a $1,118/mo payment. Total monthly income is $1,340/mo. Return on cash invested sits at 19.11% in year one, and rental yield is 7.04% on a $228,500 entry. Equity gained on principal adds $1,474/yr, while 5% annual appreciation builds toward $63,130 over five years. Five-year ROI reaches 98.45% and total cumulative return in cash sums $74,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,340/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42722, Canmer, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 326 (100%) |
| Owner Occupied HU | 212 (65.0%) |
| Renter Occupied HU | 58 (17.8%) |
| Vacant Housing Units | 56 (17.2%) |
| Median Home Value | $167,969 |
| Average Home Value | $177,288 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
345
Multi-Family
0
Businesses
9
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