18240 Hobbs Creek RdFishervilleKY40023
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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 Fisherville at 18240 Hobbs Creek Rd, Fisherville, KY, 40023 listed at $1,120,000 pairs $3,029/mo rent with a $5,482/mo payment. Total monthly income runs $3,029/mo. Return on cash invested measures 7.84% in year one, and rental yield registers 3.25% at a $1,120,000 basis. Equity gained on principal adds $7,227/yr, and annual property appreciation at 5% supports $309,435 by year five. Five-year ROI tracks 37.92% and total cumulative return in cash totals $137,591. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,029/mo property income relative to a $5,482/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40023, Fisherville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 2,171 (91.5%) |
| Renter Occupied HU | 101 ( 4.3%) |
| Vacant Housing Units | 100 ( 4.2%) |
| Median Home Value | $444,737 |
| Average Home Value | $483,057 |
Housing Distribution
Address Breakdown
Residential
2,442
Single Family
2,442
Multi-Family
0
Businesses
85
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Listed by: Katie McDaniel • Keller Williams Louisville East
Mls Name: GLARMLS
Mls ID: #1699195