1148 Greens DrSimpsonvilleKY40067
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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 Simpsonville at 1148 Greens Dr, Simpsonville, KY, 40067 listed at $479,900 pairs $2,971/mo rent with a $2,349/mo payment to leave $50/mo cash flow. Total monthly income runs $2,971/mo, and annual cash flow reaches $601/yr on $159,087 cash to close. Return on cash invested measures 20.29% in year one, and rental yield registers 7.43% at a $479,900 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,588 by year five. Five-year ROI tracks 104.76% and total cumulative return in cash totals $166,653. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,971/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40067, Simpsonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,340 (100%) |
| Owner Occupied HU | 1,900 (81.2%) |
| Renter Occupied HU | 334 (14.3%) |
| Vacant Housing Units | 106 ( 4.5%) |
| Median Home Value | $359,211 |
| Average Home Value | $491,426 |
Housing Distribution
Address Breakdown
Residential
2,240
Single Family
2,240
Multi-Family
0
Businesses
288
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Listed by: The NextGen Group • RE/MAX Empire
Mls Name: GLARMLS
Mls ID: #1701378