881 New Lair RdCynthianaKY41031
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 Cynthiana at 881 New Lair Rd, Cynthiana, KY, 41031 generates $757/mo in rent and, after a $489/mo payment, leaves $149/mo in cash flow. Total monthly income is $757/mo, and annual cash flow is $1,786/yr on $33,150 invested. Return on cash invested sits at 25.3% in year one, and rental yield is 9.08% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 131.6% and total cumulative return in cash sums $43,624. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $757/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41031, Cynthiana, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,150 (100%) |
| Owner Occupied HU | 4,539 (63.5%) |
| Renter Occupied HU | 2,029 (28.4%) |
| Vacant Housing Units | 582 ( 8.1%) |
| Median Home Value | $216,923 |
| Average Home Value | $265,480 |
Housing Distribution
Address Breakdown
Residential
6,994
Single Family
6,891
Multi-Family
103
Businesses
491
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: V. Keith Wilson • Coldwell Banker Mcmahan
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009030
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.