








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Goshen at 1115 Meadowridge Trl, Goshen, KY, 40026 priced at $330,000 converts $2,880/mo rent into $872/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $10,461/yr on $109,395 invested. Return on cash invested prints 29.47% in year one, and rental yield reads 10.47% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 153.99% and total cumulative return in cash sums $168,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 40026, Goshen, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,164 (100%) |
| Owner Occupied HU | 1,930 (89.2%) |
| Renter Occupied HU | 149 ( 6.9%) |
| Vacant Housing Units | 85 ( 3.9%) |
| Median Home Value | $415,472 |
| Average Home Value | $493,683 |
Residential
2,101
Single Family
2,101
Multi-Family
0
Businesses
155
Date | Event | Price |
|---|---|---|
| 2024-10-17 | Listed for sale | $330,000 |
| 2024-10-05 | Listing removed | $1,895 |
| 2024-10-02 | Price change | $1,895 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-11-11 | $2329.40 | -0.50% | $190,000 | N/A |
| 2019-11-11 | $2341.20 | 16.59% | $190,000 | 16.92% |
| 2018-11-11 | $2008.05 | 35.42% | $162,500 | N/A |



Listed by: The Schiller Team • Lenihan Sotheby's International Realty
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1672996
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