8704 Hammonsville RdBonnievilleKY42713
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 Bonnieville at 8704 Hammonsville Rd, Bonnieville, KY, 42713 priced at $225,000 pairs $1,609/mo rent with $240/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,609/mo, and annual cash flow comes to $2,878/yr on $74,588 invested. Return on cash invested is 23.77% in year one, and rental yield stands at 8.58% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 123.39% and total cumulative return in cash reaches $92,037. For financing, Ziffy Mortgage’s DSCR program evaluates $1,609/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.93 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: John P Hishmeh • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20250502
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.