114 Grandview TrlWilmoreKY40390
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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
Rental property for sale in Wilmore at 114 Grandview Trl, Wilmore, KY, 40390 priced at $1,189,000 converts $4,421/mo rent into after a $5,820/mo obligation. Total monthly income equals $4,421/mo. Return on cash invested prints 11.6% in year one, and rental yield reads 4.46% against a $1,189,000 entry. Equity gained on principal adds $7,672/yr, while 5% annual appreciation compiles into $328,499 by year five. Five-year ROI reaches 58.05% and total cumulative return in cash sums $223,634. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,421/mo property income covering a $5,820/mo payment, not borrower’s personal income.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40390, Wilmore, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,900 (100%) |
| Owner Occupied HU | 1,776 (61.2%) |
| Renter Occupied HU | 895 (30.9%) |
| Vacant Housing Units | 229 ( 7.9%) |
| Median Home Value | $293,966 |
| Average Home Value | $377,776 |
Housing Distribution
Address Breakdown
Residential
2,560
Single Family
2,422
Multi-Family
138
Businesses
130
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Listed by: Ivan Timoshchuk • Lifstyl Real Estate
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24018458
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.