1060 Concord Point RdFalls Of RoughKY40119
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
Total monthly income runs $2,237/mo, and a $2,325/mo payment. Purchase price stands at $475,000, and rental yield measures 5.65% with $2,237/mo rent. Return on cash invested shows 14.92% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 75.96% and total cumulative return in cash records $119,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,237/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1994
3.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40119, Falls Of Rough, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 783 (43.6%) |
| Renter Occupied HU | 115 ( 6.4%) |
| Vacant Housing Units | 896 (49.9%) |
| Median Home Value | $170,997 |
| Average Home Value | $191,734 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,311
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Stinson • MAKE IT HAPPEN REALTY, LLC
Mls Name: HKMLS
Mls ID: #HK25000948