9393 Parks RdUticaKY42376
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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 Utica at 9393 Parks Rd, Utica, KY, 42376 listed at $415,000 pairs $2,747/mo rent with a $2,031/mo payment to leave $221/mo cash flow. Total monthly income runs $2,747/mo, and annual cash flow reaches $2,658/yr on $137,573 cash to close. Return on cash invested measures 21.84% in year one, and rental yield registers 7.94% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 113.08% and total cumulative return in cash totals $155,565. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,747/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42376, Utica, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,730 (100%) |
| Owner Occupied HU | 2,252 (82.5%) |
| Renter Occupied HU | 320 (11.7%) |
| Vacant Housing Units | 158 ( 5.8%) |
| Median Home Value | $240,430 |
| Average Home Value | $256,796 |
Housing Distribution
Address Breakdown
Residential
2,770
Single Family
2,770
Multi-Family
0
Businesses
58
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