24020 Louisville RdPark CityKY42160
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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 Park City at 24020 Louisville Rd, Park City, KY, 42160 earns $1/mo cash flow from $1,139/mo rent with a $915/mo payment. Total monthly income totals $1,139/mo, and annual cash flow totals $14/yr on $61,991 capital. ROI tracks 19.93% on current figures, and rental yield reads 7.31% at a $187,000 purchase. Equity gained on principal adds $1,207/yr, and 5% annual appreciation supports $51,665 over five years. Five-year ROI reaches 102.9% and total cumulative return in cash sums $63,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,139/mo property income instead of your personal income.
Single Family
Built in 1952
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42160, Park City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 745 (62.3%) |
| Renter Occupied HU | 327 (27.3%) |
| Vacant Housing Units | 124 (10.4%) |
| Median Home Value | $159,801 |
| Average Home Value | $198,372 |
Housing Distribution
Address Breakdown
Residential
896
Single Family
896
Multi-Family
0
Businesses
42
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