223 Lower Sharpsburg RdSharpsburgKY40374
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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 Sharpsburg at 223 Lower Sharpsburg Rd, Sharpsburg, KY, 40374 generates $2,184/mo in rent and, after a $1,463/mo payment, leaves $365/mo in cash flow. Total monthly income is $2,184/mo, and annual cash flow is $4,376/yr on $99,119 invested. Return on cash invested sits at 24.32% in year one, and rental yield is 8.77% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 126.38% and total cumulative return in cash sums $125,266. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,184/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40374, Sharpsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 635 (70.6%) |
| Renter Occupied HU | 177 (19.7%) |
| Vacant Housing Units | 88 ( 9.8%) |
| Median Home Value | $134,722 |
| Average Home Value | $202,051 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
788
Multi-Family
0
Businesses
28
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Listed by: Katie Allen • Keller Williams Legacy Group
Mls Name: Imagine MLS
Mls ID: #25501035