216 Cave StSmiths GroveKY42171
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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 Smiths Grove at 216 Cave St, Smiths Grove, KY, 42171 priced at $184,400 pairs $1,436/mo rent with $313/mo cash flow after a $903/mo payment. Total monthly income equals $1,436/mo, and annual cash flow comes to $3,759/yr on $61,129 invested. Return on cash invested is 26.06% in year one, and rental yield stands at 9.34% on a $184,400 basis. Equity gained on principal adds $1,190/yr, and 5% annual appreciation accumulates to $50,946 by year five. Five-year ROI measures 135.74% and total cumulative return in cash reaches $82,974. For financing, Ziffy Mortgage’s DSCR program evaluates $1,436/mo property income against a $903/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42171, Smiths Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,094 (100%) |
| Owner Occupied HU | 2,335 (75.5%) |
| Renter Occupied HU | 502 (16.2%) |
| Vacant Housing Units | 257 ( 8.3%) |
| Median Home Value | $248,910 |
| Average Home Value | $256,677 |
Housing Distribution
Address Breakdown
Residential
3,140
Single Family
3,140
Multi-Family
0
Businesses
102
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Listed by: Tony M Huynh • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20245525
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.