10973 Green River 2 Rd #2SpottsvilleKY42458
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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
Rental property for sale in Spottsville at 10973 Green River 2 Rd #2, Spottsville, KY, 42458 generates $1,082/mo in rent and, after a $685/mo payment, leaves $230/mo in cash flow. Total monthly income is $1,082/mo, and annual cash flow is $2,763/yr on $46,377 invested. Return on cash invested sits at 25.87% in year one, and rental yield is 9.28% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 134.76% and total cumulative return in cash sums $62,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,082/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
3.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42458, Spottsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 341 (100%) |
| Owner Occupied HU | 282 (82.7%) |
| Renter Occupied HU | 30 ( 8.8%) |
| Vacant Housing Units | 29 ( 8.5%) |
| Median Home Value | $197,500 |
| Average Home Value | $196,560 |
Housing Distribution
Address Breakdown
Residential
365
Single Family
365
Multi-Family
0
Businesses
8
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Listed by: Coleman Tramill • F.C. TUCKER/COLLIER
Mls Name: HAMLS
Mls Provider:
Mls ID: #250101
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.