244 Clark Bottom RdLondonKY40744
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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
Rental property for sale in London at 244 Clark Bottom Rd, London, KY, 40744 generates $2,357/mo in rent and, after a $1,223/mo payment, leaves $836/mo in cash flow. Total monthly income is $2,357/mo, and annual cash flow is $10,034/yr on $82,842 invested. Return on cash invested sits at 32.02% in year one, and rental yield is 11.32% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 167.7% and total cumulative return in cash sums $138,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,357/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40744, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,192 (100%) |
| Owner Occupied HU | 5,614 (68.5%) |
| Renter Occupied HU | 1,960 (23.9%) |
| Vacant Housing Units | 618 ( 7.5%) |
| Median Home Value | $171,588 |
| Average Home Value | $215,546 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,870
Multi-Family
173
Businesses
255
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