121 Welsh DrRichmondKY40475
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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 Richmond at 121 Welsh Dr, Richmond, KY, 40475 uses $159,087 cash to close to unlock $6,757/yr annual cash flow and $563/mo monthly cash flow. Total monthly income runs $3,484/mo, and a $2,349/mo payment keeps the spread at $563/mo. Purchase price stands at $479,900, and rental yield measures 8.71% with $3,484/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 125.51% and total cumulative return in cash records $199,665. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,484/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40475, Richmond, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,247 (100%) |
| Owner Occupied HU | 15,772 (53.9%) |
| Renter Occupied HU | 11,180 (38.2%) |
| Vacant Housing Units | 2,295 ( 7.8%) |
| Median Home Value | $284,131 |
| Average Home Value | $320,088 |
Housing Distribution
Address Breakdown
Residential
28,136
Single Family
26,632
Multi-Family
1,504
Businesses
1,528
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