215 Mahuron RdSimpsonvilleKY40067
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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
Rental property for sale in Simpsonville at 215 Mahuron Rd, Simpsonville, KY, 40067 offers $6,960/mo rent that, after a $4,258/mo payment, leaves $1,665/mo cash flow. Total monthly income is $6,960/mo, and annual cash flow is $19,984/yr on $286,197 cash. Return on cash invested measures 27.04% in year one, and rental yield stands at 9.6% at a $869,900 entry. Equity gained on principal adds $5,613/yr while 5% annual appreciation compounds into $240,337 by year five. Five-year ROI records 140.94% and total cumulative return in cash reaches $403,361. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,960/mo property income versus a $4,258/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40067, Simpsonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,340 (100%) |
| Owner Occupied HU | 1,900 (81.2%) |
| Renter Occupied HU | 334 (14.3%) |
| Vacant Housing Units | 106 ( 4.5%) |
| Median Home Value | $359,211 |
| Average Home Value | $491,426 |
Housing Distribution
Address Breakdown
Residential
2,240
Single Family
2,240
Multi-Family
0
Businesses
288
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Listed by: Stephen W Hornback • Weichert Realtors-H. Barry Smith Co.
Mls Name: GLARMLS
Mls ID: #1706600