2110 State Rte #3224RiverKY41254
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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 River at 2110 State Rte #3224, River, KY, 41254 uses $44,753 cash to close to unlock $3,097/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $661/mo payment keeps the spread at $258/mo. Purchase price stands at $135,000, and rental yield measures 9.6% with $1,080/mo rent. Return on cash invested shows 26.83% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 139.92% and total cumulative return in cash records $62,617. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41254, River, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 297 (100%) |
| Owner Occupied HU | 201 (67.7%) |
| Renter Occupied HU | 50 (16.8%) |
| Vacant Housing Units | 46 (15.5%) |
| Median Home Value | $83,250 |
| Average Home Value | $121,580 |
Housing Distribution
Address Breakdown
Residential
240
Single Family
240
Multi-Family
0
Businesses
1
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