113 Highland DrMount SterlingKY40353
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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 Mount Sterling at 113 Highland Dr, Mount Sterling, KY, 40353 uses $128,954 cash to close to unlock $3,485/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $2,658/mo, and a $1,904/mo payment keeps the spread at $290/mo. Purchase price stands at $389,000, and rental yield measures 8.2% with $2,658/mo rent. Return on cash invested shows 22.61% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 117.21% and total cumulative return in cash records $151,146. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,658/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40353, Mount Sterling, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,961 (59.5%) |
| Renter Occupied HU | 3,264 (32.6%) |
| Vacant Housing Units | 791 ( 7.9%) |
| Median Home Value | $190,101 |
| Average Home Value | $242,793 |
Housing Distribution
Address Breakdown
Residential
9,390
Single Family
9,202
Multi-Family
188
Businesses
890
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Listed by: Brenda G Murphy • Murphy Realty Group
Mls Name: Imagine MLS
Mls ID: #25017226