883 Brock RdPaint LickKY40461
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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 Paint Lick at 883 Brock Rd, Paint Lick, KY, 40461 priced at $249,900 converts $1,825/mo rent into $304/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,825/mo, and annual cash flow totals $3,650/yr on $82,842 invested. Return on cash invested prints 24.32% in year one, and rental yield reads 8.76% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 126.37% and total cumulative return in cash sums $104,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,825/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Manufactured
Built in 2002
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40461, Paint Lick, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 804 (74.5%) |
| Renter Occupied HU | 206 (19.1%) |
| Vacant Housing Units | 69 ( 6.4%) |
| Median Home Value | $239,416 |
| Average Home Value | $253,165 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
37
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Listed by: Emma Bates • ERA Team Realtors
Mls Name: Imagine MLS
Mls ID: #25506141