84 Scenic DrBaxterKY40806
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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 Baxter at 84 Scenic Dr, Baxter, KY, 40806 priced at $179,000 converts $1,283/mo rent into $194/mo cash flow after a $876/mo obligation. Total monthly income equals $1,283/mo, and annual cash flow totals $2,324/yr on $59,339 invested. Return on cash invested prints 23.83% in year one, and rental yield reads 8.6% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 123.71% and total cumulative return in cash sums $73,407. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,283/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40806, Baxter, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,359 (100%) |
| Owner Occupied HU | 802 (59.0%) |
| Renter Occupied HU | 435 (32.0%) |
| Vacant Housing Units | 122 ( 9.0%) |
| Median Home Value | $137,912 |
| Average Home Value | $161,512 |
Housing Distribution
Address Breakdown
Residential
684
Single Family
684
Multi-Family
0
Businesses
57
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Listed by: Jeff Wilder • Scott Hogue & Associates Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25004375
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.