211 Reams StLondonKY40741
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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 London at 211 Reams St, London, KY, 40741 uses $59,637 cash to close to unlock $655/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $1,150/mo, and a $881/mo payment keeps the spread at $55/mo. Purchase price stands at $179,900, and rental yield measures 7.67% with $1,150/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 108.63% and total cumulative return in cash records $64,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,150/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1956
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40741, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,313 (100%) |
| Owner Occupied HU | 6,421 (62.3%) |
| Renter Occupied HU | 2,983 (28.9%) |
| Vacant Housing Units | 909 ( 8.8%) |
| Median Home Value | $171,848 |
| Average Home Value | $210,766 |
Housing Distribution
Address Breakdown
Residential
9,973
Single Family
9,853
Multi-Family
120
Businesses
1,068
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