218 Mountain RdGrand RiversKY42045
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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 Grand Rivers at 218 Mountain Rd, Grand Rivers, KY, 42045 listed at $277,900 pairs $2,335/mo rent with a $1,360/mo payment to leave $644/mo cash flow. Total monthly income runs $2,335/mo, and annual cash flow reaches $7,726/yr on $92,124 cash to close. Return on cash invested measures 28.3% in year one, and rental yield registers 10.08% at a $277,900 basis. Equity gained on principal adds $1,793/yr, and annual property appreciation at 5% supports $76,779 by year five. Five-year ROI tracks 147.67% and total cumulative return in cash totals $136,041. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,335/mo property income relative to a $1,360/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42045, Grand Rivers, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,259 (100%) |
| Owner Occupied HU | 784 (62.3%) |
| Renter Occupied HU | 192 (15.3%) |
| Vacant Housing Units | 283 (22.5%) |
| Median Home Value | $122,965 |
| Average Home Value | $185,517 |
Housing Distribution
Address Breakdown
Residential
1,053
Single Family
1,053
Multi-Family
0
Businesses
98
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Listed by: Annabelle Wade • eXp Realty, LLC
Mls Name: WKRMLS
Mls ID: #134762