796 E Old Norwood RdScience HillKY42553
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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 Science Hill at 796 E Old Norwood Rd, Science Hill, KY, 42553 offers $2,026/mo rent that, after a $3,181/mo payment. Total monthly income is $2,026/mo. Return on cash invested measures 9.23% in year one, and rental yield stands at 3.74% at a $649,900 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,555 by year five. Five-year ROI records 45.42% and total cumulative return in cash reaches $97,110. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,026/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
22.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42553, Science Hill, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,448 (100%) |
| Owner Occupied HU | 1,660 (67.8%) |
| Renter Occupied HU | 488 (19.9%) |
| Vacant Housing Units | 300 (12.3%) |
| Median Home Value | $187,195 |
| Average Home Value | $259,854 |
Housing Distribution
Address Breakdown
Residential
2,162
Single Family
2,162
Multi-Family
0
Businesses
67
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Listed by: Millie King Weaver • Lake Cumberland Real Estate Professionals
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006081
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.