16 Grace CtRineyvilleKY40162
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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 Rineyville at 16 Grace Ct, Rineyville, KY, 40162 uses $147,518 cash to close to unlock $8,841/yr annual cash flow and $737/mo monthly cash flow. Total monthly income runs $3,445/mo, and a $2,178/mo payment keeps the spread at $737/mo. Purchase price stands at $445,000, and rental yield measures 9.29% with $3,445/mo rent. Return on cash invested shows 25.9% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 134.85% and total cumulative return in cash records $198,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,445/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40162, Rineyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,310 (100%) |
| Owner Occupied HU | 1,833 (79.4%) |
| Renter Occupied HU | 364 (15.8%) |
| Vacant Housing Units | 113 ( 4.9%) |
| Median Home Value | $272,074 |
| Average Home Value | $286,563 |
Housing Distribution
Address Breakdown
Residential
2,361
Single Family
2,361
Multi-Family
0
Businesses
57
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Listed by: Bobby Janes • JANES REALTY GROUP, INC.
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25001376
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.