107 Thomason StMillersburgKY40348
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
Investment property for sale in Millersburg at 107 Thomason St, Millersburg, KY, 40348 offers a 11.11% rental yield on a $185,000 purchase with $1,713/mo rent. Total monthly income registers $1,713/mo, and a $905/mo payment leaves $588/mo available for distribution. Annual cash flow reaches $7,050/yr on $61,328 to close, and return on cash invested stands at 31.41% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 164.39% and total cumulative return in cash at $100,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,713/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40348, Millersburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 252 (100%) |
| Owner Occupied HU | 151 (59.9%) |
| Renter Occupied HU | 68 (27.0%) |
| Vacant Housing Units | 33 (13.1%) |
| Median Home Value | $159,821 |
| Average Home Value | $297,517 |
Housing Distribution
Address Breakdown
Residential
5
Single Family
5
Multi-Family
0
Businesses
13
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Listed by: Charles Nichols • Nichols Real Estate
Mls Name: Imagine MLS
Mls ID: #26001239