1214 Cassidy RdLondonKY40744
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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 London at 1214 Cassidy Rd, London, KY, 40744 generates $1,328/mo in rent, after a $1,126/mo payment. Total monthly income is $1,328/mo. Return on cash invested sits at 18.77% in year one, and rental yield is 6.93% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 96.61% and total cumulative return in cash sums $73,663. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,328/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
8.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40744, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,192 (100%) |
| Owner Occupied HU | 5,614 (68.5%) |
| Renter Occupied HU | 1,960 (23.9%) |
| Vacant Housing Units | 618 ( 7.5%) |
| Median Home Value | $171,588 |
| Average Home Value | $215,546 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,870
Multi-Family
173
Businesses
255
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Listed by: Nathan Nolan • Shawn Rogers Realty, Inc
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009863
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.