164 Meredith LnGuthrieKY42234
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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 Guthrie at 164 Meredith Ln, Guthrie, KY, 42234 priced at $725,000 converts $1,560/mo rent into after a $3,549/mo obligation. Total monthly income equals $1,560/mo. Return on cash invested prints 5.71% in year one, and rental yield reads 2.58% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 26.54% and total cumulative return in cash sums $63,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 2023
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42234, Guthrie, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 990 (100%) |
| Owner Occupied HU | 547 (55.3%) |
| Renter Occupied HU | 335 (33.8%) |
| Vacant Housing Units | 108 (10.9%) |
| Median Home Value | $150,284 |
| Average Home Value | $181,755 |
Housing Distribution
Address Breakdown
Residential
696
Single Family
696
Multi-Family
0
Businesses
83
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