101 Shillalah SpurMiracleKY40856
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Miracle at 101 Shillalah Spur, Miracle, KY, 40856 offers $1,318/mo rent that, after a $972/mo payment, leaves $109/mo cash flow. Total monthly income is $1,318/mo, and annual cash flow is $1,313/yr on $65,803 cash. Return on cash invested measures 21.9% in year one, and rental yield stands at 7.97% at a $198,500 entry. Equity gained on principal adds $1,281/yr while 5% annual appreciation compounds into $54,842 by year five. Five-year ROI records 113.44% and total cumulative return in cash reaches $74,645. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,318/mo property income versus a $972/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40856, Miracle, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 483 (100%) |
| Owner Occupied HU | 337 (69.8%) |
| Renter Occupied HU | 81 (16.8%) |
| Vacant Housing Units | 65 (13.5%) |
| Median Home Value | $72,333 |
| Average Home Value | $92,151 |
Housing Distribution
Address Breakdown
Residential
292
Single Family
292
Multi-Family
0
Businesses
4
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