1198 Glendale Hodgenville Rd WGlendaleKY42740
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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 Glendale at 1198 Glendale Hodgenville Rd W, Glendale, KY, 42740 uses $78,068 cash to close to unlock $2,764/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,664/mo, and a $1,153/mo payment keeps the spread at $230/mo. Purchase price stands at $235,500, and rental yield measures 8.48% with $1,664/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $65,064 over five years. Five-year ROI reaches 121.73% and total cumulative return in cash records $95,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,664/mo property income covering a $1,153/mo payment rather than investor’s personal income.
Single Family
Built in 1915
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42740, Glendale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 839 (100%) |
| Owner Occupied HU | 644 (76.8%) |
| Renter Occupied HU | 111 (13.2%) |
| Vacant Housing Units | 84 (10.0%) |
| Median Home Value | $339,631 |
| Average Home Value | $375,835 |
Housing Distribution
Address Breakdown
Residential
779
Single Family
779
Multi-Family
0
Businesses
45
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Listed by: Hannah Jewell • River Brook Realty LLC
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25003200
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.