1044 Patrick RdWest LibertyKY41472
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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 West Liberty at 1044 Patrick Rd, West Liberty, KY, 41472 generates $3,072/mo in rent and, after a $2,203/mo payment, leaves $333/mo in cash flow. Total monthly income is $3,072/mo, and annual cash flow is $3,993/yr on $149,175 invested. Return on cash invested sits at 22.59% in year one, and rental yield is 8.19% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 117.06% and total cumulative return in cash sums $174,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,072/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41472, West Liberty, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,398 (100%) |
| Owner Occupied HU | 2,993 (68.1%) |
| Renter Occupied HU | 797 (18.1%) |
| Vacant Housing Units | 608 (13.8%) |
| Median Home Value | $155,451 |
| Average Home Value | $177,854 |
Housing Distribution
Address Breakdown
Residential
3,945
Single Family
3,945
Multi-Family
0
Businesses
223
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Listed by: Vickie P Oldfield • Paragon Realty Partners
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25014005
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.