161 Reed Valley RdLondonKY40744
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
Rental property for sale in London at 161 Reed Valley Rd, London, KY, 40744 offers $3,776/mo rent that, after a $2,149/mo payment, leaves $1,104/mo cash flow. Total monthly income is $3,776/mo, and annual cash flow is $13,246/yr on $145,529 cash. Return on cash invested measures 29.01% in year one, and rental yield stands at 10.32% at a $439,000 entry. Equity gained on principal adds $2,833/yr while 5% annual appreciation compounds into $121,288 by year five. Five-year ROI records 151.51% and total cumulative return in cash reaches $220,496. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,776/mo property income versus a $2,149/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40744, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,192 (100%) |
| Owner Occupied HU | 5,614 (68.5%) |
| Renter Occupied HU | 1,960 (23.9%) |
| Vacant Housing Units | 618 ( 7.5%) |
| Median Home Value | $171,588 |
| Average Home Value | $215,546 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,870
Multi-Family
173
Businesses
255
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