1063 Iroquois DrMount SterlingKY40353
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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 Mount Sterling at 1063 Iroquois Dr, Mount Sterling, KY, 40353 uses $75,085 cash to close to unlock $9,493/yr annual cash flow and $791/mo monthly cash flow. Total monthly income runs $2,170/mo, and a $1,109/mo payment keeps the spread at $791/mo. Purchase price stands at $226,500, and rental yield measures 11.5% with $2,170/mo rent. Return on cash invested shows 32.55% in year one, and 5% annual appreciation builds toward $62,578 over five years. Five-year ROI reaches 170.58% and total cumulative return in cash records $128,076. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,170/mo property income covering a $1,109/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40353, Mount Sterling, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,961 (59.5%) |
| Renter Occupied HU | 3,264 (32.6%) |
| Vacant Housing Units | 791 ( 7.9%) |
| Median Home Value | $190,101 |
| Average Home Value | $242,793 |
Housing Distribution
Address Breakdown
Residential
9,390
Single Family
9,202
Multi-Family
188
Businesses
890
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Listed by: Carlos Elliott • Tru Life Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012613
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.