116 Strawberry Field DrMount WashingtonKY40047
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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 Washington at 116 Strawberry Field Dr, Mount Washington, KY, 40047 priced at $394,900 pairs $3,053/mo rent with $649/mo cash flow after a $1,933/mo payment. Total monthly income equals $3,053/mo, and annual cash flow comes to $7,793/yr on $130,909 invested. Return on cash invested is 25.86% in year one, and rental yield stands at 9.28% on a $394,900 basis. Equity gained on principal adds $2,548/yr, and 5% annual appreciation accumulates to $109,104 by year five. Five-year ROI measures 134.64% and total cumulative return in cash reaches $176,255. For financing, Ziffy Mortgage’s DSCR program evaluates $3,053/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40047, Mount Washington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,602 (100%) |
| Owner Occupied HU | 8,016 (83.5%) |
| Renter Occupied HU | 1,346 (14.0%) |
| Vacant Housing Units | 240 ( 2.5%) |
| Median Home Value | $307,108 |
| Average Home Value | $347,621 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
9,574
Multi-Family
162
Businesses
497
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Listed by: Francisco J Merlet • EXP Realty LLC
Mls Name: GLARMLS
Mls ID: #1704388