1169 Patton PlOak GroveKY42262
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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 Oak Grove at 1169 Patton Pl, Oak Grove, KY, 42262 uses $61,062 cash to close to unlock $8,226/yr annual cash flow and $685/mo monthly cash flow. Total monthly income runs $1,807/mo, and a $902/mo payment keeps the spread at $685/mo. Purchase price stands at $184,200, and rental yield measures 11.77% with $1,807/mo rent. Return on cash invested shows 33.38% in year one, and 5% annual appreciation builds toward $50,891 over five years. Five-year ROI reaches 174.99% and total cumulative return in cash records $106,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,807/mo property income covering a $902/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42262, Oak Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,730 (100%) |
| Owner Occupied HU | 1,278 (34.3%) |
| Renter Occupied HU | 2,053 (55.0%) |
| Vacant Housing Units | 399 (10.7%) |
| Median Home Value | $173,397 |
| Average Home Value | $203,343 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
3,794
Multi-Family
0
Businesses
225
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