1875 Highway 1326Mount VernonKY40456
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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 Mount Vernon at 1875 Highway 1326, Mount Vernon, KY, 40456 offers a 7.63% rental yield on a $319,900 purchase with $2,035/mo rent. Total monthly income registers $2,035/mo, and a $1,566/mo payment leaves $88/mo available for distribution. Annual cash flow reaches $1,053/yr on $106,047 to close, and return on cash invested stands at 20.9% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 108.03% and total cumulative return in cash at $114,560. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,035/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40456, Mount Vernon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 2,859 (67.5%) |
| Renter Occupied HU | 939 (22.2%) |
| Vacant Housing Units | 439 (10.4%) |
| Median Home Value | $140,961 |
| Average Home Value | $190,641 |
Housing Distribution
Address Breakdown
Residential
3,656
Single Family
3,656
Multi-Family
0
Businesses
274
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Listed by: M Matthew Silcox • WEICHERT REALTORS - Ford Brothers
Mls Name: Imagine MLS
Mls ID: #25018817