1066 Shadow Ridge AveOak GroveKY42262
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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 Oak Grove at 1066 Shadow Ridge Ave, Oak Grove, KY, 42262 earns $49/mo cash flow from $1,205/mo rent with a $930/mo payment. Total monthly income totals $1,205/mo, and annual cash flow totals $583/yr on $62,985 capital. ROI tracks 20.83% on current figures, and rental yield reads 7.61% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 107.7% and total cumulative return in cash sums $67,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,205/mo property income instead of your personal income.
Single Family
Built in 2000
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42262, Oak Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,730 (100%) |
| Owner Occupied HU | 1,278 (34.3%) |
| Renter Occupied HU | 2,053 (55.0%) |
| Vacant Housing Units | 399 (10.7%) |
| Median Home Value | $173,397 |
| Average Home Value | $203,343 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
3,794
Multi-Family
0
Businesses
225
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