10329 Smiths Grove Scottsville RdOaklandKY42159
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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 Oakland at 10329 Smiths Grove Scottsville Rd, Oakland, KY, 42159 uses $111,053 cash to close to unlock $5,109/yr annual cash flow and $426/mo monthly cash flow. Total monthly income runs $2,465/mo, and a $1,640/mo payment keeps the spread at $426/mo. Purchase price stands at $335,000, and rental yield measures 8.83% with $2,465/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 127.39% and total cumulative return in cash records $141,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,465/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42159, Oakland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 662 (100%) |
| Owner Occupied HU | 487 (73.6%) |
| Renter Occupied HU | 115 (17.4%) |
| Vacant Housing Units | 60 ( 9.1%) |
| Median Home Value | $283,269 |
| Average Home Value | $325,262 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
14
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