902 Oak StCumberlandKY40823
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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 Cumberland at 902 Oak St, Cumberland, KY, 40823 uses $42,764 cash to close to unlock $4,995/yr annual cash flow and $416/mo monthly cash flow. Total monthly income runs $1,201/mo, and a $631/mo payment keeps the spread at $416/mo. Purchase price stands at $129,000, and rental yield measures 11.17% with $1,201/mo rent. Return on cash invested shows 31.59% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 165.45% and total cumulative return in cash records $70,753. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,201/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1923
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40823, Cumberland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,125 (100%) |
| Owner Occupied HU | 1,129 (53.1%) |
| Renter Occupied HU | 615 (28.9%) |
| Vacant Housing Units | 381 (17.9%) |
| Median Home Value | $82,778 |
| Average Home Value | $123,638 |
Housing Distribution
Address Breakdown
Residential
1,422
Single Family
1,422
Multi-Family
0
Businesses
105
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Listed by: Chris Hogue • Scott Hogue & Associates Realty
Mls Name: Imagine MLS
Mls ID: #25502926