2601 Pine Grove RdOlympiaKY40358
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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 Olympia at 2601 Pine Grove Rd, Olympia, KY, 40358 generates $0/mo in rent, after a $3,181/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.14% in year one, and rental yield is 0% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
85.20 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Melanie Dawn S Jones • United Real Estate Bluegrass
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006000
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