24321 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 24321 Louisville Rd, Park City, KY, 42160 uses $66,264 cash to close to unlock $4,186/yr annual cash flow and $349/mo monthly cash flow. Total monthly income runs $1,565/mo, and a $978/mo payment keeps the spread at $349/mo. Purchase price stands at $199,890, and rental yield measures 9.4% with $1,565/mo rent. Return on cash invested shows 26.23% in year one, and 5% annual appreciation builds toward $55,226 over five years. Five-year ROI reaches 136.58% and total cumulative return in cash records $90,501. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,565/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.64 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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