1536 Hobbs Reesor RdVine GroveKY40175
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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 Vine Grove at 1536 Hobbs Reesor Rd, Vine Grove, KY, 40175 earns $341/mo cash flow from $1,428/mo rent with a $874/mo payment. Total monthly income totals $1,428/mo, and annual cash flow totals $4,095/yr on $59,173 capital. ROI tracks 26.83% on current figures, and rental yield reads 9.6% at a $178,500 purchase. Equity gained on principal adds $1,152/yr, and 5% annual appreciation supports $49,316 over five years. Five-year ROI reaches 139.89% and total cumulative return in cash sums $82,778. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,428/mo property income instead of your personal income.
Single Family
Built in 1999
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40175, Vine Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 4,713 (71.0%) |
| Renter Occupied HU | 1,418 (21.4%) |
| Vacant Housing Units | 506 ( 7.6%) |
| Median Home Value | $257,249 |
| Average Home Value | $269,255 |
Housing Distribution
Address Breakdown
Residential
6,160
Single Family
6,160
Multi-Family
0
Businesses
170
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Listed by: Stephan Medley • RE/MAX Integrity
Mls Name: GLARMLS
Mls ID: #1701031