115 Scott DrEdmontonKY42129
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Nearby investment properties with comparable prices
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 Edmonton at 115 Scott Dr, Edmonton, KY, 42129 priced at $220,000 converts $1,564/mo rent into $225/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,564/mo, and annual cash flow totals $2,698/yr on $72,930 invested. Return on cash invested prints 23.61% in year one, and rental yield reads 8.53% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 122.55% and total cumulative return in cash sums $89,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,564/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42129, Edmonton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,210 (100%) |
| Owner Occupied HU | 2,115 (65.9%) |
| Renter Occupied HU | 734 (22.9%) |
| Vacant Housing Units | 361 (11.2%) |
| Median Home Value | $111,435 |
| Average Home Value | $144,791 |
Housing Distribution
Address Breakdown
Residential
3,029
Single Family
3,029
Multi-Family
0
Businesses
176
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