263 N Shady Rest RdGlasgowKY42141
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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 Glasgow at 263 N Shady Rest Rd, Glasgow, KY, 42141 priced at $309,500 pairs $1,980/mo rent with $96/mo cash flow after a $1,515/mo payment. Total monthly income equals $1,980/mo, and annual cash flow comes to $1,154/yr on $102,599 invested. Return on cash invested is 21.03% in year one, and rental yield stands at 7.68% on a $309,500 basis. Equity gained on principal adds $1,997/yr, and 5% annual appreciation accumulates to $85,509 by year five. Five-year ROI measures 108.77% and total cumulative return in cash reaches $111,594. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $1,515/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42141, Glasgow, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,741 (100%) |
| Owner Occupied HU | 8,662 (58.8%) |
| Renter Occupied HU | 4,542 (30.8%) |
| Vacant Housing Units | 1,537 (10.4%) |
| Median Home Value | $183,689 |
| Average Home Value | $226,792 |
Housing Distribution
Address Breakdown
Residential
13,986
Single Family
13,798
Multi-Family
188
Businesses
1,035
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