116 Fairview RdSharpsburgKY40374
Nearby investment properties with comparable rents
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 Sharpsburg at 116 Fairview Rd, Sharpsburg, KY, 40374 priced at $195,000 pairs $1,358/mo rent with $172/mo cash flow after a $954/mo payment. Total monthly income equals $1,358/mo, and annual cash flow comes to $2,059/yr on $64,643 invested. Return on cash invested is 23.09% in year one, and rental yield stands at 8.36% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 119.83% and total cumulative return in cash reaches $77,458. For financing, Ziffy Mortgage’s DSCR program evaluates $1,358/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40374, Sharpsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 635 (70.6%) |
| Renter Occupied HU | 177 (19.7%) |
| Vacant Housing Units | 88 ( 9.8%) |
| Median Home Value | $134,722 |
| Average Home Value | $202,051 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
788
Multi-Family
0
Businesses
28
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Nearby investment properties with comparable prices
Listed by: Carlos Elliott • Tru Life Real Estate
Mls Name: Imagine MLS
Mls ID: #26001054