1545 Old Springfield RdWoodburnKY42170
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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
Rental property for sale in Woodburn at 1545 Old Springfield Rd, Woodburn, KY, 42170 priced at $854,900 pairs $3,107/mo rent with after a $4,184/mo payment. Total monthly income equals $3,107/mo. Return on cash invested is 11.12% in year one, and rental yield stands at 4.36% on a $854,900 basis. Equity gained on principal adds $5,517/yr, and 5% annual appreciation accumulates to $236,193 by year five. Five-year ROI measures 55.54% and total cumulative return in cash reaches $156,216. For financing, Ziffy Mortgage’s DSCR program evaluates $3,107/mo property income against a $4,184/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42170, Woodburn, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 455 (77.1%) |
| Renter Occupied HU | 92 (15.6%) |
| Vacant Housing Units | 43 ( 7.3%) |
| Median Home Value | $331,466 |
| Average Home Value | $366,462 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
577
Multi-Family
0
Businesses
24
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Listed by: Sharlene Grant • Crye-Leike Executive Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20246062
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.