212 Cedar StGlasgowKY42141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Glasgow at 212 Cedar St, Glasgow, KY, 42141 priced at $144,900 converts $1,194/mo rent into $312/mo cash flow after a $709/mo obligation. Total monthly income equals $1,194/mo, and annual cash flow totals $3,748/yr on $48,034 invested. Return on cash invested prints 27.71% in year one, and rental yield reads 9.89% against a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation compiles into $40,033 by year five. Five-year ROI reaches 144.62% and total cumulative return in cash sums $69,469. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,194/mo property income covering a $709/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42141, Glasgow, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,741 (100%) |
| Owner Occupied HU | 8,662 (58.8%) |
| Renter Occupied HU | 4,542 (30.8%) |
| Vacant Housing Units | 1,537 (10.4%) |
| Median Home Value | $183,689 |
| Average Home Value | $226,792 |
Housing Distribution
Address Breakdown
Residential
13,986
Single Family
13,798
Multi-Family
188
Businesses
1,035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerrell T Wood • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20246433
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.