2242 Meadowhill LnUticaKY42376
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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 Utica at 2242 Meadowhill Ln, Utica, KY, 42376 uses $104,389 cash to close to unlock $6,789/yr annual cash flow and $566/mo monthly cash flow. Total monthly income runs $2,482/mo, and a $1,541/mo payment keeps the spread at $566/mo. Purchase price stands at $314,900, and rental yield measures 9.46% with $2,482/mo rent. Return on cash invested shows 26.41% in year one, and 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 137.59% and total cumulative return in cash records $143,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,482/mo property income covering a $1,541/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42376, Utica, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,730 (100%) |
| Owner Occupied HU | 2,252 (82.5%) |
| Renter Occupied HU | 320 (11.7%) |
| Vacant Housing Units | 158 ( 5.8%) |
| Median Home Value | $240,430 |
| Average Home Value | $256,796 |
Housing Distribution
Address Breakdown
Residential
2,770
Single Family
2,770
Multi-Family
0
Businesses
58
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