1121 Fairdale RdFairdaleKY40118
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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 Fairdale at 1121 Fairdale Rd, Fairdale, KY, 40118 uses $72,930 cash to close to unlock $3,274/yr annual cash flow and $273/mo monthly cash flow. Total monthly income runs $1,612/mo, and a $1,077/mo payment keeps the spread at $273/mo. Purchase price stands at $220,000, and rental yield measures 8.79% with $1,612/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 126.78% and total cumulative return in cash records $92,459. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,612/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40118, Fairdale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,547 (100%) |
| Owner Occupied HU | 2,715 (59.7%) |
| Renter Occupied HU | 1,374 (30.2%) |
| Vacant Housing Units | 458 (10.1%) |
| Median Home Value | $202,788 |
| Average Home Value | $240,656 |
Housing Distribution
Address Breakdown
Residential
4,335
Single Family
3,930
Multi-Family
405
Businesses
183
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