15 Short Race StDry RidgeKY41035
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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 Dry Ridge at 15 Short Race St, Dry Ridge, KY, 41035 with 5% annual appreciation on a $199,900 basis while $1,618/mo rent supports operations. Total monthly income totals $1,618/mo and a $978/mo payment preserves $402/mo for cash returns. Annual cash flow comes to $4,821/yr on $66,267 deployed, and return on cash invested reaches 27.18% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 9.71%. Five-year ROI measures 141.74% and total cumulative return in cash totals $93,925.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,618/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
7,971 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41035, Dry Ridge, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,601 (100%) |
| Owner Occupied HU | 3,173 (69.0%) |
| Renter Occupied HU | 1,026 (22.3%) |
| Vacant Housing Units | 402 ( 8.7%) |
| Median Home Value | $226,293 |
| Average Home Value | $247,191 |
Housing Distribution
Address Breakdown
Residential
4,396
Single Family
4,396
Multi-Family
0
Businesses
248
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