111 Friendship Church RdScottsvilleKY42164
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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 Scottsville at 111 Friendship Church Rd, Scottsville, KY, 42164 uses $82,842 cash to close to unlock $7,670/yr annual cash flow and $639/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,223/mo payment keeps the spread at $639/mo. Purchase price stands at $249,900, and rental yield measures 10.37% with $2,160/mo rent. Return on cash invested shows 29.17% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 152.42% and total cumulative return in cash records $126,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42164, Scottsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,916 (100%) |
| Owner Occupied HU | 5,203 (65.7%) |
| Renter Occupied HU | 1,790 (22.6%) |
| Vacant Housing Units | 923 (11.7%) |
| Median Home Value | $195,519 |
| Average Home Value | $231,449 |
Housing Distribution
Address Breakdown
Residential
7,696
Single Family
7,695
Multi-Family
1
Businesses
446
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Listed by: Zachary French • Mills Real Estate & Auction
Mls Name: RASK
Mls ID: #RA20256038