1508 Colonial CtGoshenKY40026
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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 Goshen at 1508 Colonial Ct, Goshen, KY, 40026 with 5% annual appreciation on a $489,000 basis while $2,968/mo rent supports operations. 62% in year one. Equity gained on principal adds $3,155/yr, and five-year appreciation sums $135,102 alongside rental yield of 7.28%. Five-year ROI measures 101.27% and total cumulative return in cash totals $164,158. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,968/mo property income versus a $2,393/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
1.59 Acres lot
$N/A/sqft
$372 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40026, Goshen, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,164 (100%) |
| Owner Occupied HU | 1,930 (89.2%) |
| Renter Occupied HU | 149 ( 6.9%) |
| Vacant Housing Units | 85 ( 3.9%) |
| Median Home Value | $415,472 |
| Average Home Value | $493,683 |
Housing Distribution
Address Breakdown
Residential
2,101
Single Family
2,101
Multi-Family
0
Businesses
155
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Listed by: Nancy Schladand • RE/MAX Properties East
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1673035
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