1017 Homestead Valley RdNew HopeKY40052
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1017 Homestead Valley Rd, New Hope, KY, 40052 in New Hope. Rental yield 0%. At $390,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $107,750 in new equity by year five, complemented by $3,592/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $550 |
City averages based on New Hope market data in our database. Property projections are estimates.
Single Family
Built in 2003
55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40052, New Hope, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 293 (100%) |
| Owner Occupied HU | 219 (74.7%) |
| Renter Occupied HU | 42 (14.3%) |
| Vacant Housing Units | 32 (10.9%) |
| Median Home Value | $259,722 |
| Average Home Value | $324,326 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2003
55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40052, New Hope, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 293 (100%) |
| Owner Occupied HU | 219 (74.7%) |
| Renter Occupied HU | 42 (14.3%) |
| Vacant Housing Units | 32 (10.9%) |
| Median Home Value | $259,722 |
| Average Home Value | $324,326 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Holly Underwood • Creekstone Realty
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1687565
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