212 Grace StPrincetonKY42445
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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 Princeton at 212 Grace St, Princeton, KY, 42445 uses $46,079 cash to close to unlock $2,872/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,085/mo, and a $680/mo payment keeps the spread at $239/mo. Purchase price stands at $139,000, and rental yield measures 9.37% with $1,085/mo rent. Return on cash invested shows 26.14% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 136.19% and total cumulative return in cash records $62,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,085/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42445, Princeton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,287 (100%) |
| Owner Occupied HU | 3,373 (63.8%) |
| Renter Occupied HU | 1,243 (23.5%) |
| Vacant Housing Units | 671 (12.7%) |
| Median Home Value | $128,871 |
| Average Home Value | $177,973 |
Housing Distribution
Address Breakdown
Residential
4,812
Single Family
4,733
Multi-Family
79
Businesses
409
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Listed by: Brandon Warfield • Benchmark Realty
Mls Name: WKRMLS
Mls ID: #133147
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.