124 Grace LnGarfieldKY40140
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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 Garfield at 124 Grace Ln, Garfield, KY, 40140 priced at $184,900 converts $0/mo rent into after a $905/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.12% in year one, and rental yield reads 0% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $905/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40140, Garfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 306 (100%) |
| Owner Occupied HU | 229 (74.8%) |
| Renter Occupied HU | 40 (13.1%) |
| Vacant Housing Units | 37 (12.1%) |
| Median Home Value | $168,452 |
| Average Home Value | $202,500 |
Housing Distribution
Address Breakdown
Residential
344
Single Family
344
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Erin Goodwin • Cedar Hill Properties
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1683415
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