952 Teges Creek RdManchesterKY40962
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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 Manchester at 952 Teges Creek Rd, Manchester, KY, 40962 uses $36,134 cash to close to unlock $8,185/yr annual cash flow and $682/mo monthly cash flow. Total monthly income runs $1,346/mo, and a $534/mo payment keeps the spread at $682/mo. Purchase price stands at $109,000, and rental yield measures 14.82% with $1,346/mo rent. Return on cash invested shows 42.56% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 224.33% and total cumulative return in cash records $81,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,346/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40962, Manchester, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,366 (100%) |
| Owner Occupied HU | 4,757 (64.6%) |
| Renter Occupied HU | 1,874 (25.4%) |
| Vacant Housing Units | 735 ( 10.0%) |
| Median Home Value | $91,071 |
| Average Home Value | $133,329 |
Housing Distribution
Address Breakdown
Residential
7,039
Single Family
6,987
Multi-Family
52
Businesses
479
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Listed by: Jamie Karr • Premier Properties Of Lake Cumberland, Inc.
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24018652
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.