115 Cornerstone DrStamping GroundKY40379
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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 Stamping Ground at 115 Cornerstone Dr, Stamping Ground, KY, 40379 offers a 8.15% rental yield on a $290,000 purchase with $1,970/mo rent. Total monthly income registers $1,970/mo, and a $1,419/mo payment leaves $205/mo available for distribution. Annual cash flow reaches $2,465/yr on $96,135 to close, and return on cash invested stands at 22.47% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 116.48% and total cumulative return in cash at $111,976. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,970/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40379, Stamping Ground, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,502 (100%) |
| Owner Occupied HU | 1,170 (77.9%) |
| Renter Occupied HU | 244 (16.2%) |
| Vacant Housing Units | 88 ( 5.9%) |
| Median Home Value | $301,587 |
| Average Home Value | $355,051 |
Housing Distribution
Address Breakdown
Residential
1,554
Single Family
1,554
Multi-Family
0
Businesses
40
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Listed by: Rebekah Fiegenbaum • Indigo & Co
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25004438
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.