12111 Hillside DrGoshenKY40026
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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 Goshen at 12111 Hillside Dr, Goshen, KY, 40026 uses $112,710 cash to close to unlock $5,050/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $2,490/mo, and a $1,664/mo payment keeps the spread at $421/mo. Purchase price stands at $340,000, and rental yield measures 8.79% with $2,490/mo rent. Return on cash invested shows 24.39% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 126.72% and total cumulative return in cash records $142,830. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,490/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40026, Goshen, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,164 (100%) |
| Owner Occupied HU | 1,930 (89.2%) |
| Renter Occupied HU | 149 ( 6.9%) |
| Vacant Housing Units | 85 ( 3.9%) |
| Median Home Value | $415,472 |
| Average Home Value | $493,683 |
Housing Distribution
Address Breakdown
Residential
2,101
Single Family
2,101
Multi-Family
0
Businesses
155
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