103 Walnut StGlasgowKY42141
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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 Glasgow at 103 Walnut St, Glasgow, KY, 42141 uses $56,189 cash to close to unlock $1,164/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $1,129/mo, and a $830/mo payment keeps the spread at $97/mo. Purchase price stands at $169,500, and rental yield measures 7.99% with $1,129/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 113.93% and total cumulative return in cash records $64,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,129/mo property income covering a $830/mo payment rather than investor’s personal income.
Single Family
Built in 1960
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42141, Glasgow, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,741 (100%) |
| Owner Occupied HU | 8,662 (58.8%) |
| Renter Occupied HU | 4,542 (30.8%) |
| Vacant Housing Units | 1,537 (10.4%) |
| Median Home Value | $183,689 |
| Average Home Value | $226,792 |
Housing Distribution
Address Breakdown
Residential
13,986
Single Family
13,798
Multi-Family
188
Businesses
1,035
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Listed by: Bo Edwards • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20251291
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.