198 Cecilia Smiths Mill RdCeciliaKY42724
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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 Cecilia at 198 Cecilia Smiths Mill Rd, Cecilia, KY, 42724 priced at $338,000 converts $1,199/mo rent into after a $1,654/mo obligation. Total monthly income equals $1,199/mo. Return on cash invested prints 10.72% in year one, and rental yield reads 4.26% against a $338,000 entry. Equity gained on principal adds $2,181/yr, while 5% annual appreciation compiles into $93,383 by year five. Five-year ROI reaches 53.47% and total cumulative return in cash sums $59,906. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,199/mo property income covering a $1,654/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42724, Cecilia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,139 (100%) |
| Owner Occupied HU | 1,726 (80.7%) |
| Renter Occupied HU | 259 (12.1%) |
| Vacant Housing Units | 154 ( 7.2%) |
| Median Home Value | $260,156 |
| Average Home Value | $284,968 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
69
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Listed by: Clinkenbeard Team • RE/MAX EXECUTIVE GROUP, INC.
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25002139
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.