93 Oak DrClay CityKY40312
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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 Clay City at 93 Oak Dr, Clay City, KY, 40312 offers a 7.62% rental yield on a $206,000 purchase with $1,308/mo rent. Total monthly income registers $1,308/mo, and a $1,008/mo payment leaves $55/mo available for distribution. Annual cash flow reaches $654/yr on $68,289 to close, and return on cash invested stands at 20.87% in year one. Equity gained on principal adds $1,329/yr while 5% annual appreciation supports $56,914 over five years. Portfolio math shows five-year ROI at 107.87% and total cumulative return in cash at $73,664. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,308/mo property income against a $1,008/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40312, Clay City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,577 (100%) |
| Owner Occupied HU | 1,670 (64.8%) |
| Renter Occupied HU | 644 (25.0%) |
| Vacant Housing Units | 263 (10.2%) |
| Median Home Value | $178,030 |
| Average Home Value | $208,909 |
Housing Distribution
Address Breakdown
Residential
2,313
Single Family
2,313
Multi-Family
0
Businesses
109
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Listed by: Jacqueline Townsend • Simplihom
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24024811
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.