224 4th AveWorthingtonKY41183
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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 Worthington at 224 4th Ave, Worthington, KY, 41183 offers a 9.4% rental yield on a $167,500 purchase with $1,312/mo rent. Total monthly income registers $1,312/mo, and a $820/mo payment leaves $292/mo available for distribution. Annual cash flow reaches $3,509/yr on $55,526 to close, and return on cash invested stands at 26.23% in year one. Equity gained on principal adds $1,081/yr while 5% annual appreciation supports $46,277 over five years. Portfolio math shows five-year ROI at 136.66% and total cumulative return in cash at $75,880. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,312/mo property income against a $820/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41183, Worthington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 458 (65.5%) |
| Renter Occupied HU | 163 (23.3%) |
| Vacant Housing Units | 78 (11.2%) |
| Median Home Value | $104,750 |
| Average Home Value | $127,609 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
24
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Listed by: John Daniels • Ross Real Estate Services
Mls Name: AABR
Mls Provider:
Mls ID: #58448
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.