2413 Pine Grove RdOlympiaKY40358
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Olympia at 2413 Pine Grove Rd, Olympia, KY, 40358 at $157,500 posts ROI 34.1% with $617/mo cash flow from $1,576/mo rent. Total monthly income equals $1,576/mo, and annual cash flow records $7,408/yr on $52,211 to close. Return on cash invested measures 34.1% and rental yield reads 12.01% at the current $157,500. Equity gained on principal adds $1,016/yr, and 5% annual appreciation supports $43,514 by year five. Five-year ROI prints 178.83% and total cumulative return in cash totals $93,369.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,576/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1996
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40358, Olympia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 323 (100%) |
| Owner Occupied HU | 226 (70.0%) |
| Renter Occupied HU | 57 (17.6%) |
| Vacant Housing Units | 40 (12.4%) |
| Median Home Value | $123,000 |
| Average Home Value | $165,763 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie Dawn S Jones • United Real Estate Bluegrass
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006724
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.