985 Parker HolwOlive HillKY41164
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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
Rental property for sale in Olive Hill at 985 Parker Holw, Olive Hill, KY, 41164 offers $1,363/mo rent that, after a $944/mo payment, leaves $189/mo cash flow. Total monthly income is $1,363/mo, and annual cash flow is $2,270/yr on $63,946 cash. Return on cash invested measures 23.46% in year one, and rental yield stands at 8.48% at a $192,900 entry. Equity gained on principal adds $1,245/yr while 5% annual appreciation compounds into $53,295 by year five. Five-year ROI records 121.81% and total cumulative return in cash reaches $77,891. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,363/mo property income versus a $944/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41164, Olive Hill, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,913 (100%) |
| Owner Occupied HU | 4,152 (70.2%) |
| Renter Occupied HU | 954 (16.1%) |
| Vacant Housing Units | 807 (13.6%) |
| Median Home Value | $119,137 |
| Average Home Value | $171,858 |
Housing Distribution
Address Breakdown
Residential
4,890
Single Family
4,890
Multi-Family
0
Businesses
144
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Listed by: Paul Morgan • Ross Real Estate Services
Mls Name: AABR
Mls Provider:
Mls ID: #58511
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.