252 W 2nd AveSouth ShoreKY41175
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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 South Shore at 252 W 2nd Ave, South Shore, KY, 41175 generates $939/mo in rent and, after a $612/mo payment, leaves $178/mo in cash flow. Total monthly income is $939/mo, and annual cash flow is $2,136/yr on $41,438 invested. Return on cash invested sits at 25.06% in year one, and rental yield is 9.01% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 130.5% and total cumulative return in cash sums $54,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $939/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41175, South Shore, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,511 (100%) |
| Owner Occupied HU | 1,726 (68.7%) |
| Renter Occupied HU | 483 (19.2%) |
| Vacant Housing Units | 302 (12.0%) |
| Median Home Value | $129,882 |
| Average Home Value | $152,598 |
Housing Distribution
Address Breakdown
Residential
2,248
Single Family
2,248
Multi-Family
0
Businesses
98
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Listed by: Charles Euton • Euton Realty
Mls Name: GPABR
Mls ID: #150897
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.