1232 Pleasant Grove Ridge RdMount EdenKY40046
Nearby investment properties with comparable rents
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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 Mount Eden at 1232 Pleasant Grove Ridge Rd, Mount Eden, KY, 40046 listed at $649,900 pairs $1,698/mo rent with a $3,181/mo payment. Total monthly income runs $1,698/mo. Return on cash invested measures 7.39% in year one, and rental yield registers 3.14% at a $649,900 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,555 by year five. Five-year ROI tracks 35.55% and total cumulative return in cash totals $76,002. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,698/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
19.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40046, Mount Eden, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 923 (100%) |
| Owner Occupied HU | 766 (83.0%) |
| Renter Occupied HU | 111 (12.0%) |
| Vacant Housing Units | 46 ( 5.0%) |
| Median Home Value | $297,596 |
| Average Home Value | $348,476 |
Housing Distribution
Address Breakdown
Residential
761
Single Family
761
Multi-Family
0
Businesses
7
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Listed by: Jenna Smith Sims • SmithCO Real Estate Firm
Mls Name: Imagine MLS
Mls ID: #26000819