11717 Old Mitchell Hill RdFairdaleKY40118
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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 Fairdale at 11717 Old Mitchell Hill Rd, Fairdale, KY, 40118 listed at $249,375 pairs $2,710/mo rent with a $1,221/mo payment to leave $1,192/mo cash flow. Total monthly income runs $2,710/mo, and annual cash flow reaches $14,302/yr on $82,668 cash to close. Return on cash invested measures 37.21% in year one, and rental yield registers 13.04% at a $249,375 basis. Equity gained on principal adds $1,609/yr, and annual property appreciation at 5% supports $68,898 by year five. Five-year ROI tracks 195.49% and total cumulative return in cash totals $161,610. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,710/mo property income relative to a $1,221/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40118, Fairdale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,547 (100%) |
| Owner Occupied HU | 2,715 (59.7%) |
| Renter Occupied HU | 1,374 (30.2%) |
| Vacant Housing Units | 458 (10.1%) |
| Median Home Value | $202,788 |
| Average Home Value | $240,656 |
Housing Distribution
Address Breakdown
Residential
4,335
Single Family
3,930
Multi-Family
405
Businesses
183
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