173 Megan WayFalls Of RoughKY40119
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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 Falls Of Rough at 173 Megan Way, Falls Of Rough, KY, 40119 listed at $469,900 pairs $2,348/mo rent with a $2,300/mo payment. Total monthly income runs $2,348/mo. Return on cash invested measures 15.97% in year one, and rental yield registers 6% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 81.57% and total cumulative return in cash totals $127,070. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,348/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
6.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40119, Falls Of Rough, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 783 (43.6%) |
| Renter Occupied HU | 115 ( 6.4%) |
| Vacant Housing Units | 896 (49.9%) |
| Median Home Value | $170,997 |
| Average Home Value | $191,734 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,311
Multi-Family
0
Businesses
40
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Listed by: Virginia Lee Paine • Semonin Realtors
Mls Name: GLARMLS
Mls ID: #1706292