2317 Serenity Ridge WayFishervilleKY40023
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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 Fisherville at 2317 Serenity Ridge Way, Fisherville, KY, 40023 uses $167,790 cash to close to unlock $5,823/yr annual cash flow and $485/mo monthly cash flow. Total monthly income runs $3,589/mo, and a $2,496/mo payment keeps the spread at $485/mo. Purchase price stands at $510,000, and rental yield measures 8.44% with $3,589/mo rent. Return on cash invested shows 23.53% in year one, and 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 122.11% and total cumulative return in cash records $204,891. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,589/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 2023
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40023, Fisherville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 2,171 (91.5%) |
| Renter Occupied HU | 101 ( 4.3%) |
| Vacant Housing Units | 100 ( 4.2%) |
| Median Home Value | $444,737 |
| Average Home Value | $483,057 |
Housing Distribution
Address Breakdown
Residential
2,442
Single Family
2,442
Multi-Family
0
Businesses
85
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Listed by: WSG Homes • Real Broker, LLC
Mls Name: GLARMLS
Mls ID: #1701669