209 Stewart AveWorthingtonKY41183
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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 Worthington at 209 Stewart Ave, Worthington, KY, 41183 priced at $159,000 converts $1,502/mo rent into $535/mo cash flow after a $778/mo obligation. Total monthly income equals $1,502/mo, and annual cash flow totals $6,414/yr on $52,709 invested. Return on cash invested prints 32.08% in year one, and rental yield reads 11.34% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 168.02% and total cumulative return in cash sums $88,560. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,502/mo property income covering a $778/mo payment, not borrower’s personal income.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41183, Worthington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 458 (65.5%) |
| Renter Occupied HU | 163 (23.3%) |
| Vacant Housing Units | 78 (11.2%) |
| Median Home Value | $104,750 |
| Average Home Value | $127,609 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
24
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Listed by: Tonja C McCloud • RE/MAX Realty Connection, LLC
Mls Name: AABR
Mls Provider:
Mls ID: #59126
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.