26 E 3rd 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 26 E 3rd Ave, South Shore, KY, 41175 priced at $113,500 converts $1,511/mo rent into $820/mo cash flow after a $556/mo obligation. Total monthly income equals $1,511/mo, and annual cash flow totals $9,837/yr on $37,625 invested. Return on cash invested prints 46.05% in year one, and rental yield reads 15.98% against a $113,500 entry. Equity gained on principal adds $732/yr, while 5% annual appreciation compiles into $31,358 by year five. Five-year ROI reaches 242.95% and total cumulative return in cash sums $91,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,511/mo property income covering a $556/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,013 sqft 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: N/A • N/A
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