971 Elizaville AveFlemingsburgKY41041
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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 Flemingsburg at 971 Elizaville Ave, Flemingsburg, KY, 41041 uses $79,527 cash to close to unlock $1,249/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $1,564/mo, and a $1,174/mo payment keeps the spread at $104/mo. Purchase price stands at $239,900, and rental yield measures 7.82% with $1,564/mo rent. Return on cash invested shows 21.48% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 111.19% and total cumulative return in cash records $88,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,564/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41041, Flemingsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,368 (100%) |
| Owner Occupied HU | 2,213 (65.7%) |
| Renter Occupied HU | 807 (24.0%) |
| Vacant Housing Units | 348 (10.3%) |
| Median Home Value | $151,359 |
| Average Home Value | $196,042 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,201
Multi-Family
12
Businesses
293
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Listed by: Eric Davis • McCormick Realty Inc.
Mls Name: Imagine MLS
Mls ID: #25017635