909 Appen AveColumbiaKY42728
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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 Columbia at 909 Appen Ave, Columbia, KY, 42728 uses $33,150 cash to close to unlock $7,258/yr annual cash flow and $605/mo monthly cash flow. Total monthly income runs $1,213/mo, and a $489/mo payment keeps the spread at $605/mo. Purchase price stands at $100,000, and rental yield measures 14.56% with $1,213/mo rent. Return on cash invested shows 41.8% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 220.1% and total cumulative return in cash records $72,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,213/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42728, Columbia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,454 (100%) |
| Owner Occupied HU | 4,718 (63.3%) |
| Renter Occupied HU | 1,706 (22.9%) |
| Vacant Housing Units | 1,030 (13.8%) |
| Median Home Value | $174,555 |
| Average Home Value | $209,118 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,845
Multi-Family
0
Businesses
658
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Listed by: Robert V Milam • The Brokerage
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25013210
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.