1516 Elmhurst DrWorthingtonKY41183
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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 Worthington at 1516 Elmhurst Dr, Worthington, KY, 41183 earns from $1,957/mo rent with a $1,713/mo payment. Total monthly income totals $1,957/mo. ROI tracks 18.12% on current figures, and rental yield reads 6.71% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 93.15% and total cumulative return in cash sums $108,042. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,957/mo property income instead of your personal income.
Single Family
Built in N/A
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41183, Worthington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 458 (65.5%) |
| Renter Occupied HU | 163 (23.3%) |
| Vacant Housing Units | 78 (11.2%) |
| Median Home Value | $104,750 |
| Average Home Value | $127,609 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
24
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Listed by: Tonja C McCloud • RE/MAX Realty Connection, LLC
Mls Name: AABR
Mls ID: #59198