215 Glissade DrFairdaleKY40118
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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 Fairdale at 215 Glissade Dr, Fairdale, KY, 40118 with 5% annual appreciation on a $260,000 basis while $1,972/mo rent supports operations. Total monthly income totals $1,972/mo and a $1,273/mo payment preserves $389/mo for cash returns. Annual cash flow comes to $4,670/yr on $86,190 deployed, and return on cash invested reaches 25.33% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 9.1%. Five-year ROI measures 131.8% and total cumulative return in cash totals $113,597.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,972/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40118, Fairdale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,547 (100%) |
| Owner Occupied HU | 2,715 (59.7%) |
| Renter Occupied HU | 1,374 (30.2%) |
| Vacant Housing Units | 458 (10.1%) |
| Median Home Value | $202,788 |
| Average Home Value | $240,656 |
Housing Distribution
Address Breakdown
Residential
4,335
Single Family
3,930
Multi-Family
405
Businesses
183
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