114 N Main StMount OlivetKY41064
Nearby investment properties with comparable rents
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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 Mount Olivet at 114 N Main St, Mount Olivet, KY, 41064 priced at $122,500 converts $1,043/mo rent into $297/mo cash flow after a $600/mo obligation. Total monthly income equals $1,043/mo, and annual cash flow totals $3,564/yr on $40,609 invested. Return on cash invested prints 28.69% in year one, and rental yield reads 10.22% against a $122,500 entry. Equity gained on principal adds $790/yr, while 5% annual appreciation compiles into $33,844 by year five. Five-year ROI reaches 149.91% and total cumulative return in cash sums $60,876. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,043/mo property income covering a $600/mo payment, not borrower’s personal income.
Single Family
Built in N/A
3.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41064, Mount Olivet, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 979 (100%) |
| Owner Occupied HU | 669 (68.3%) |
| Renter Occupied HU | 169 (17.3%) |
| Vacant Housing Units | 141 (14.4%) |
| Median Home Value | $205,469 |
| Average Home Value | $261,484 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
729
Multi-Family
0
Businesses
48
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Listed by: Krista C Kates • Thwaites Realtors LLC
Mls Name: Imagine MLS
Mls ID: #25508364