1895 Thomas RdRineyvilleKY40162
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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 Rineyville at 1895 Thomas Rd, Rineyville, KY, 40162 uses $135,882 cash to close to unlock $2,802/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $2,728/mo, and a $2,006/mo payment keeps the spread at $234/mo. Purchase price stands at $409,900, and rental yield measures 7.99% with $2,728/mo rent. Return on cash invested shows 21.97% in year one, and 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 113.77% and total cumulative return in cash records $154,588. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,728/mo property income covering a $2,006/mo payment rather than investor’s personal income.
Single Family
Built in 2007
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40162, Rineyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,310 (100%) |
| Owner Occupied HU | 1,833 (79.4%) |
| Renter Occupied HU | 364 (15.8%) |
| Vacant Housing Units | 113 ( 4.9%) |
| Median Home Value | $272,074 |
| Average Home Value | $286,563 |
Housing Distribution
Address Breakdown
Residential
2,361
Single Family
2,361
Multi-Family
0
Businesses
57
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Listed by: Rachel Johnson • RENEE DOBSON REALTY GROUP, LLC
Mls Name: HKMLS
Mls ID: #HK2600308