1513 Skaggs LnHillsboroKY41049
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
Investment property for sale in Hillsboro at 1513 Skaggs Ln, Hillsboro, KY, 41049 offers a 8.9% rental yield on a $175,000 purchase with $1,298/mo rent. Total monthly income registers $1,298/mo, and a $857/mo payment leaves $232/mo available for distribution. Annual cash flow reaches $2,790/yr on $58,013 to close, and return on cash invested stands at 24.72% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 128.51% and total cumulative return in cash at $74,551. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,298/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41049, Hillsboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,059 (100%) |
| Owner Occupied HU | 727 (68.6%) |
| Renter Occupied HU | 175 (16.5%) |
| Vacant Housing Units | 157 (14.8%) |
| Median Home Value | $162,500 |
| Average Home Value | $304,443 |
Housing Distribution
Address Breakdown
Residential
1,042
Single Family
1,042
Multi-Family
0
Businesses
12
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Listed by: Angie Stevens • Homeland Real Estate Inc
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25016659
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.