138 Golfview DrRichmondKY40475
Nearby investment properties with comparable rents
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 Richmond at 138 Golfview Dr, Richmond, KY, 40475 priced at $173,500 pairs $1,729/mo rent with $673/mo cash flow after a $849/mo payment. Total monthly income equals $1,729/mo, and annual cash flow comes to $8,079/yr on $57,515 invested. Return on cash invested is 33.96% in year one, and rental yield stands at 11.96% on a $173,500 basis. Equity gained on principal adds $1,120/yr, and 5% annual appreciation accumulates to $47,935 by year five. Five-year ROI measures 178.1% and total cumulative return in cash reaches $102,436. For financing, Ziffy Mortgage’s DSCR program evaluates $1,729/mo property income against a $849/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40475, Richmond, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,247 (100%) |
| Owner Occupied HU | 15,772 (53.9%) |
| Renter Occupied HU | 11,180 (38.2%) |
| Vacant Housing Units | 2,295 ( 7.8%) |
| Median Home Value | $284,131 |
| Average Home Value | $320,088 |
Housing Distribution
Address Breakdown
Residential
28,136
Single Family
26,632
Multi-Family
1,504
Businesses
1,528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robin S Jones • Keller Williams Legacy Group
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012573
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.