860 Boone RdRineyvilleKY40162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rineyville at 860 Boone Rd, Rineyville, KY, 40162 generates $2,045/mo in rent, after a $2,051/mo payment. Total monthly income is $2,045/mo. Return on cash invested sits at 15.54% in year one, and rental yield is 5.86% on a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 79.3% and total cumulative return in cash sums $110,153. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,045/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40162, Rineyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,310 (100%) |
| Owner Occupied HU | 1,833 (79.4%) |
| Renter Occupied HU | 364 (15.8%) |
| Vacant Housing Units | 113 ( 4.9%) |
| Median Home Value | $272,074 |
| Average Home Value | $286,563 |
Housing Distribution
Address Breakdown
Residential
2,361
Single Family
2,361
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah B Heck • KELLER WILLIAMS HEARTLAND
Mls Name: HKMLS
Mls ID: #HK2600119