12221 Ridgeview 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 12221 Ridgeview Dr, Goshen, KY, 40026 offers a 5.91% rental yield on a $1,295,000 purchase with $6,373/mo rent. 94% in year one. Equity gained on principal adds $8,356/yr while 5% annual appreciation supports $357,785 over five years. Portfolio math shows five-year ROI at 81.37% and total cumulative return in cash at $341,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,373/mo property income against a $6,338/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
1.60 Acres lot
$N/A/sqft
$485 annually 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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Listed by: Jason Farabee • The Agency Louisville
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1684920
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