228 N Cherry StGreenvilleKY42345
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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 Greenville at 228 N Cherry St, Greenville, KY, 42345 earns $193/mo cash flow from $941/mo rent with a $602/mo payment. Total monthly income totals $941/mo, and annual cash flow totals $2,310/yr on $40,741 capital. ROI tracks 25.58% on current figures, and rental yield reads 9.19% at a $122,900 purchase. Equity gained on principal adds $793/yr, and 5% annual appreciation supports $33,955 over five years. Five-year ROI reaches 133.18% and total cumulative return in cash sums $54,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $941/mo property income instead of your personal income.
Single Family
Built in 1946
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42345, Greenville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,924 (100%) |
| Owner Occupied HU | 3,379 (68.6%) |
| Renter Occupied HU | 1,019 (20.7%) |
| Vacant Housing Units | 526 (10.7%) |
| Median Home Value | $155,511 |
| Average Home Value | $185,459 |
Housing Distribution
Address Breakdown
Residential
4,644
Single Family
4,620
Multi-Family
24
Businesses
309
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Listed by: Rebecca Hall • Eaves Realty Auc-KW 1st Choice
Mls Name: RASK
Mls ID: #RA20254280