110 1st StSimpsonvilleKY40067
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 Simpsonville at 110 1st St, Simpsonville, KY, 40067 listed at $369,900 pairs $2,629/mo rent with a $1,810/mo payment to leave $378/mo cash flow. Total monthly income runs $2,629/mo, and annual cash flow reaches $4,538/yr on $122,622 cash to close. Return on cash invested measures 23.61% in year one, and rental yield registers 8.53% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 122.58% and total cumulative return in cash totals $150,310. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,629/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1914
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40067, Simpsonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,340 (100%) |
| Owner Occupied HU | 1,900 (81.2%) |
| Renter Occupied HU | 334 (14.3%) |
| Vacant Housing Units | 106 ( 4.5%) |
| Median Home Value | $359,211 |
| Average Home Value | $491,426 |
Housing Distribution
Address Breakdown
Residential
2,240
Single Family
2,240
Multi-Family
0
Businesses
288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Baird Dunsmore • Torrey Smith Realty Co., LLC
Mls Name: GLARMLS
Mls ID: #1695257