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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Florence at 2318 Summerset Cir, Florence, KY, 41042 uses $116,025 cash to close to unlock $1,079/yr annual cash flow and $90/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,713/mo payment keeps the spread at $90/mo. Purchase price stands at $350,000, and rental yield measures 7.61% with $2,220/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 107.69% and total cumulative return in cash records $124,946. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41042, Florence, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,664 (100%) |
| Owner Occupied HU | 13,975 (59.1%) |
| Renter Occupied HU | 8,544 (36.1%) |
| Vacant Housing Units | 1,145 ( 4.8%) |
| Median Home Value | $243,210 |
| Average Home Value | $262,135 |
Residential
22,976
Single Family
16,237
Multi-Family
6,739
Businesses
2,027
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Teri Kirchner • Huff Realty - Florence
Mls Name: NKMLS
Mls ID: #637834
