112 E 2nd StSilver GroveKY41085
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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 Silver Grove at 112 E 2nd St, Silver Grove, KY, 41085 offers a 8.38% rental yield on a $235,000 purchase with $1,641/mo rent. Total monthly income registers $1,641/mo, and a $1,150/mo payment leaves $211/mo available for distribution. Annual cash flow reaches $2,532/yr on $77,903 to close, and return on cash invested stands at 23.16% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 120.11% and total cumulative return in cash at $93,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,641/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41085, Silver Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 207 (100%) |
| Owner Occupied HU | 130 (62.8%) |
| Renter Occupied HU | 68 (32.9%) |
| Vacant Housing Units | 9 ( 4.3%) |
| Median Home Value | $145,833 |
| Average Home Value | $146,423 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
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Listed by: The Cindy Shetterly Team • Keller Williams Realty Services
Mls Name: NKMLS
Mls ID: #636088