1916 Rivers Landing DrProspectKY40059
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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
Rental property for sale in Prospect at 1916 Rivers Landing Dr, Prospect, KY, 40059 generates $4,794/mo in rent and, after a $3,172/mo payment, leaves $850/mo in cash flow. Total monthly income is $4,794/mo, and annual cash flow is $10,198/yr on $213,192 invested. Return on cash invested sits at 24.84% in year one, and rental yield is 8.88% on a $648,000 entry. Equity gained on principal adds $4,181/yr, while 5% annual appreciation builds toward $179,030 over five years. Five-year ROI reaches 129.13% and total cumulative return in cash sums $275,290. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,794/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40059, Prospect, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,660 (100%) |
| Owner Occupied HU | 6,922 (79.9%) |
| Renter Occupied HU | 1,111 (12.8%) |
| Vacant Housing Units | 627 ( 7.2%) |
| Median Home Value | $575,166 |
| Average Home Value | $626,621 |
Housing Distribution
Address Breakdown
Residential
8,880
Single Family
7,686
Multi-Family
1,194
Businesses
581
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