967 Country Lane RdMagnoliaKY42757
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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 Magnolia at 967 Country Lane Rd, Magnolia, KY, 42757 with 5% annual appreciation on a $389,000 basis while $2,224/mo rent supports operations. 57% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 6.86%. Five-year ROI measures 95.56% and total cumulative return in cash totals $123,222. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,224/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1885
7.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42757, Magnolia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,463 (100%) |
| Owner Occupied HU | 1,003 (68.6%) |
| Renter Occupied HU | 233 (15.9%) |
| Vacant Housing Units | 227 (15.5%) |
| Median Home Value | $173,266 |
| Average Home Value | $238,831 |
Housing Distribution
Address Breakdown
Residential
1,302
Single Family
1,302
Multi-Family
0
Businesses
24
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Listed by: Maria Thurman • United Real Estate Louisville - Elizabethtown
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24004101
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