108 Derby 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 108 Derby Dr, Mount Sterling, KY, 40353 with 5% annual appreciation on a $209,900 basis while $1,669/mo rent supports operations. Total monthly income totals $1,669/mo and a $1,027/mo payment preserves $392/mo for cash returns. Annual cash flow comes to $4,702/yr on $69,582 deployed, and return on cash invested reaches 26.67% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 9.54%. Five-year ROI measures 138.93% and total cumulative return in cash totals $96,668.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,669/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
8,712 sqft 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: Jonathan Wood • HomeLand Real Estate Inc - Mt Sterling
Mls Name: Imagine MLS
Mls ID: #26000582