193 Josalyn CtPaint LickKY40461
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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 Paint Lick at 193 Josalyn Ct, Paint Lick, KY, 40461 uses $114,368 cash to close to unlock $598/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $2,150/mo, and a $1,689/mo payment keeps the spread at $50/mo. Purchase price stands at $345,000, and rental yield measures 7.48% with $2,150/mo rent. Return on cash invested shows 20.43% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 105.51% and total cumulative return in cash records $120,664. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,150/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 2025
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40461, Paint Lick, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 804 (74.5%) |
| Renter Occupied HU | 206 (19.1%) |
| Vacant Housing Units | 69 ( 6.4%) |
| Median Home Value | $239,416 |
| Average Home Value | $253,165 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
37
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Listed by: Tina Witt • Keller Williams Legacy Group
Mls Name: Imagine MLS
Mls ID: #25503006