175 Adams Ridge RdClay CityKY40312
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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 Clay City at 175 Adams Ridge Rd, Clay City, KY, 40312 listed at $220,000 pairs $1,585/mo rent with a $1,077/mo payment to leave $246/mo cash flow. Total monthly income runs $1,585/mo, and annual cash flow reaches $2,950/yr on $72,930 cash to close. Return on cash invested measures 23.95% in year one, and rental yield registers 8.65% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 124.39% and total cumulative return in cash totals $90,719. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,585/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2015
2.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40312, Clay City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,577 (100%) |
| Owner Occupied HU | 1,670 (64.8%) |
| Renter Occupied HU | 644 (25.0%) |
| Vacant Housing Units | 263 (10.2%) |
| Median Home Value | $178,030 |
| Average Home Value | $208,909 |
Housing Distribution
Address Breakdown
Residential
2,313
Single Family
2,313
Multi-Family
0
Businesses
109
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Listed by: Ashley Schirmer • Berkshire Hathaway Homeservices Foster Realtors
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24014000
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.