267 New Grove RdSmiths GroveKY42171
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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 Smiths Grove at 267 New Grove Rd, Smiths Grove, KY, 42171 priced at $175,000 converts $1,418/mo rent into $352/mo cash flow after a $857/mo obligation. Total monthly income equals $1,418/mo, and annual cash flow totals $4,230/yr on $58,013 invested. Return on cash invested prints 27.2% in year one, and rental yield reads 9.72% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 141.85% and total cumulative return in cash sums $82,291. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,418/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42171, Smiths Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,094 (100%) |
| Owner Occupied HU | 2,335 (75.5%) |
| Renter Occupied HU | 502 (16.2%) |
| Vacant Housing Units | 257 ( 8.3%) |
| Median Home Value | $248,910 |
| Average Home Value | $256,677 |
Housing Distribution
Address Breakdown
Residential
3,140
Single Family
3,140
Multi-Family
0
Businesses
102
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