22 Sycamore DrFlorenceKY41042
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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 Florence at 22 Sycamore Dr, Florence, KY, 41042 priced at $245,000 converts $2,220/mo rent into $729/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,220/mo, and annual cash flow totals $8,748/yr on $81,218 invested. Return on cash invested prints 30.68% in year one, and rental yield reads 10.87% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 160.53% and total cumulative return in cash sums $130,380. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1961
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41042, Florence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,664 (100%) |
| Owner Occupied HU | 13,975 (59.1%) |
| Renter Occupied HU | 8,544 (36.1%) |
| Vacant Housing Units | 1,145 ( 4.8%) |
| Median Home Value | $243,210 |
| Average Home Value | $262,135 |
Housing Distribution
Address Breakdown
Residential
22,976
Single Family
16,237
Multi-Family
6,739
Businesses
2,027
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