8215 N Dixie HwyBonnievilleKY42713
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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
Investment property for sale in Bonnieville at 8215 N Dixie Hwy, Bonnieville, KY, 42713 uses $39,449 cash to close to unlock $2,690/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $948/mo, and a $582/mo payment keeps the spread at $224/mo. Purchase price stands at $119,000, and rental yield measures 9.56% with $948/mo rent. Return on cash invested shows 26.73% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 139.39% and total cumulative return in cash records $54,989. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $948/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42713, Bonnieville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 886 (100%) |
| Owner Occupied HU | 627 (70.8%) |
| Renter Occupied HU | 148 (16.7%) |
| Vacant Housing Units | 111 (12.5%) |
| Median Home Value | $161,968 |
| Average Home Value | $186,304 |
Housing Distribution
Address Breakdown
Residential
775
Single Family
775
Multi-Family
0
Businesses
24
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Listed by: The Bramblett Group Team • RE/MAX EXECUTIVE GROUP, INC.
Mls Name: HKMLS
Mls ID: #HK25003123