1570 Millstown RdPark CityKY42160
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 Park City at 1570 Millstown Rd, Park City, KY, 42160 offers a 9.4% rental yield on a $125,000 purchase with $979/mo rent. Total monthly income registers $979/mo, and a $612/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,616/yr on $41,438 to close, and return on cash invested stands at 26.22% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 136.67% and total cumulative return in cash at $56,633. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $979/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42160, Park City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 745 (62.3%) |
| Renter Occupied HU | 327 (27.3%) |
| Vacant Housing Units | 124 (10.4%) |
| Median Home Value | $159,801 |
| Average Home Value | $198,372 |
Housing Distribution
Address Breakdown
Residential
896
Single Family
896
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
