894 Upper Iron Bridge RdOaklandKY42159
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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 Oakland at 894 Upper Iron Bridge Rd, Oakland, KY, 42159 earns $436/mo cash flow from $2,200/mo rent with a $1,419/mo payment. Total monthly income totals $2,200/mo, and annual cash flow totals $5,226/yr on $96,102 capital. ROI tracks 25.35% on current figures, and rental yield reads 9.11% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 131.89% and total cumulative return in cash sums $126,753. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,200/mo property income instead of your personal income.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42159, Oakland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 662 (100%) |
| Owner Occupied HU | 487 (73.6%) |
| Renter Occupied HU | 115 (17.4%) |
| Vacant Housing Units | 60 ( 9.1%) |
| Median Home Value | $283,269 |
| Average Home Value | $325,262 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
14
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Listed by: Mark A Douglas • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20242996
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.