129 Montevista DrSalemKY42078
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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
Rental property for sale in Salem at 129 Montevista Dr, Salem, KY, 42078 priced at $250,000 converts $1,417/mo rent into after a $1,224/mo obligation. Total monthly income equals $1,417/mo. Return on cash invested prints 18.39% in year one, and rental yield reads 6.8% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 94.62% and total cumulative return in cash sums $78,418. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,417/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1988
1.15 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jessica Housman • Housman Partners Real Estate
Mls Name: WKRMLS
Mls ID: #129217
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