823 Cumberland AveFlatwoodsKY41139
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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 Flatwoods at 823 Cumberland Ave, Flatwoods, KY, 41139 priced at $148,500 converts $1,459/mo rent into $555/mo cash flow after a $727/mo obligation. Total monthly income equals $1,459/mo, and annual cash flow totals $6,660/yr on $49,228 invested. Return on cash invested prints 33.44% in year one, and rental yield reads 11.79% against a $148,500 entry. Equity gained on principal adds $958/yr, while 5% annual appreciation compiles into $41,028 by year five. Five-year ROI reaches 175.37% and total cumulative return in cash sums $86,331. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,459/mo property income covering a $727/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41139, Flatwoods, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,674 (100%) |
| Owner Occupied HU | 2,426 (66.0%) |
| Renter Occupied HU | 897 (24.4%) |
| Vacant Housing Units | 351 ( 9.6%) |
| Median Home Value | $137,879 |
| Average Home Value | $158,407 |
Housing Distribution
Address Breakdown
Residential
3,659
Single Family
3,583
Multi-Family
76
Businesses
204
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Listed by: Christie Giompalo • Realty Exchange Commercial / Residential Brokerage
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #179645
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.