146 Higdon DrGrand RiversKY42045
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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 Grand Rivers at 146 Higdon Dr, Grand Rivers, KY, 42045 earns $433/mo cash flow from $1,163/mo rent with a $587/mo payment. Total monthly income totals $1,163/mo, and annual cash flow totals $5,197/yr on $39,747 capital. ROI tracks 32.99% on current figures, and rental yield reads 11.64% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 172.96% and total cumulative return in cash sums $68,748. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,163/mo property income instead of your personal income.
Manufactured
Built in 1984
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42045, Grand Rivers, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,259 (100%) |
| Owner Occupied HU | 784 (62.3%) |
| Renter Occupied HU | 192 (15.3%) |
| Vacant Housing Units | 283 (22.5%) |
| Median Home Value | $122,965 |
| Average Home Value | $185,517 |
Housing Distribution
Address Breakdown
Residential
1,053
Single Family
1,053
Multi-Family
0
Businesses
98
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Listed by: Kelly Mitchell • KY Homes Realty
Mls Name: WKRMLS
Mls ID: #130811
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.