2045 Pine Grove RdStanfordKY40484
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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 Stanford at 2045 Pine Grove Rd, Stanford, KY, 40484 generates $1,045/mo in rent, after a $2,325/mo payment. Total monthly income is $1,045/mo. Return on cash invested sits at 5.84% in year one, and rental yield is 2.64% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 27.26% and total cumulative return in cash sums $42,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,045/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
12.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40484, Stanford, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,493 (100%) |
| Owner Occupied HU | 3,732 (67.9%) |
| Renter Occupied HU | 1,294 (23.6%) |
| Vacant Housing Units | 467 ( 8.5%) |
| Median Home Value | $153,286 |
| Average Home Value | $194,398 |
Housing Distribution
Address Breakdown
Residential
5,255
Single Family
5,208
Multi-Family
47
Businesses
381
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Listed by: Jerry Asbery • Coldwell Banker Vip Realty, Inc.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24016536
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.