1278 State Route 171GreenvilleKY42345
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Nearby investment properties with comparable prices
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 Greenville at 1278 State Route 171, Greenville, KY, 42345 uses $54,664 cash to close to unlock $7,530/yr annual cash flow and $627/mo monthly cash flow. Total monthly income runs $1,631/mo, and a $807/mo payment keeps the spread at $627/mo. Purchase price stands at $164,900, and rental yield measures 11.87% with $1,631/mo rent. Return on cash invested shows 33.68% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 176.61% and total cumulative return in cash records $96,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,631/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42345, Greenville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,924 (100%) |
| Owner Occupied HU | 3,379 (68.6%) |
| Renter Occupied HU | 1,019 (20.7%) |
| Vacant Housing Units | 526 (10.7%) |
| Median Home Value | $155,511 |
| Average Home Value | $185,459 |
Housing Distribution
Address Breakdown
Residential
4,644
Single Family
4,620
Multi-Family
24
Businesses
309
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Listed by: Alexis Smith • Wright Choice of Kentucky Realty & Auction
Mls Name: My State MLS
Mls ID: #11335722