8615 Cranbrook WayFlorenceKY41042
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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 Florence at 8615 Cranbrook Way, Florence, KY, 41042 earns $737/mo cash flow from $2,940/mo rent with a $1,772/mo payment. Total monthly income totals $2,940/mo, and annual cash flow totals $8,839/yr on $120,003 capital. ROI tracks 27.28% on current figures, and rental yield reads 9.75% at a $362,000 purchase. Equity gained on principal adds $2,336/yr, and 5% annual appreciation supports $100,014 over five years. Five-year ROI reaches 142.22% and total cumulative return in cash sums $170,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,940/mo property income instead of your personal income.
Single Family
Built in 1999
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41042, Florence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,664 (100%) |
| Owner Occupied HU | 13,975 (59.1%) |
| Renter Occupied HU | 8,544 (36.1%) |
| Vacant Housing Units | 1,145 ( 4.8%) |
| Median Home Value | $243,210 |
| Average Home Value | $262,135 |
Housing Distribution
Address Breakdown
Residential
22,976
Single Family
16,237
Multi-Family
6,739
Businesses
2,027
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