12715 Salt River RdCeciliaKY42724
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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 Cecilia at 12715 Salt River Rd, Cecilia, KY, 42724 uses $57,316 cash to close to unlock $11,556/yr annual cash flow and $963/mo monthly cash flow. Total monthly income runs $2,015/mo, and a $846/mo payment keeps the spread at $963/mo. Purchase price stands at $172,900, and rental yield measures 13.98% with $2,015/mo rent. Return on cash invested shows 40.07% in year one, and 5% annual appreciation builds toward $47,769 over five years. Five-year ROI reaches 210.82% and total cumulative return in cash records $120,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,015/mo property income covering a $846/mo payment rather than investor’s personal income.
Single Family
Built in 2024
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42724, Cecilia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,139 (100%) |
| Owner Occupied HU | 1,726 (80.7%) |
| Renter Occupied HU | 259 (12.1%) |
| Vacant Housing Units | 154 ( 7.2%) |
| Median Home Value | $260,156 |
| Average Home Value | $284,968 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
69
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Listed by: Vicki L Jackson • United Real Estate Louisville - Elizabethtown
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24002547
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