1698 Old Glasgow RdScottsvilleKY42164
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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 Scottsville at 1698 Old Glasgow Rd, Scottsville, KY, 42164 generates $1,122/mo in rent, after a $1,125/mo payment. Total monthly income is $1,122/mo. Return on cash invested sits at 15.55% in year one, and rental yield is 5.86% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 79.39% and total cumulative return in cash sums $60,503. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,122/mo property income rather than buyer’s personal income.
Multi Family
Built in 1980
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42164, Scottsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,916 (100%) |
| Owner Occupied HU | 5,203 (65.7%) |
| Renter Occupied HU | 1,790 (22.6%) |
| Vacant Housing Units | 923 (11.7%) |
| Median Home Value | $195,519 |
| Average Home Value | $231,449 |
Housing Distribution
Address Breakdown
Residential
7,696
Single Family
7,695
Multi-Family
1
Businesses
446
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Listed by: Michael P Wilson • Mills Real Estate & Auction
Mls Name: RASK
Mls ID: #RA20256101