118 N 4th StScottsvilleKY42164
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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 Scottsville at 118 N 4th St, Scottsville, KY, 42164 priced at $110,000 converts $846/mo rent into $177/mo cash flow after a $538/mo obligation. Total monthly income equals $846/mo, and annual cash flow totals $2,123/yr on $36,465 invested. Return on cash invested prints 25.73% in year one, and rental yield reads 9.23% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 133.94% and total cumulative return in cash sums $48,840. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $846/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 2020
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42164, Scottsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,916 (100%) |
| Owner Occupied HU | 5,203 (65.7%) |
| Renter Occupied HU | 1,790 (22.6%) |
| Vacant Housing Units | 923 (11.7%) |
| Median Home Value | $195,519 |
| Average Home Value | $231,449 |
Housing Distribution
Address Breakdown
Residential
7,696
Single Family
7,695
Multi-Family
1
Businesses
446
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Listed by: Andrew D Gott • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20241002
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.