219 Jade DrSmiths GroveKY42171
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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 Smiths Grove at 219 Jade Dr, Smiths Grove, KY, 42171 generates $2,470/mo in rent and, after a $1,786/mo payment, leaves $249/mo in cash flow. Total monthly income is $2,470/mo, and annual cash flow is $2,988/yr on $120,998 invested. Return on cash invested sits at 22.38% in year one, and rental yield is 8.12% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 115.98% and total cumulative return in cash sums $140,335. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,470/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.44 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: Anthony Spires • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20253617
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.