272 E 3rd StLondonKY40741
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in London at 272 E 3rd St, London, KY, 40741 at $219,500 posts ROI 26.69% with $411/mo cash flow from $1,747/mo rent. Total monthly income equals $1,747/mo, and annual cash flow records $4,937/yr on $72,764 to close. Return on cash invested measures 26.69% and rental yield reads 9.55% at the current $219,500. Equity gained on principal adds $1,416/yr, and 5% annual appreciation supports $60,644 by year five. Five-year ROI prints 139.12% and total cumulative return in cash totals $101,230.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,747/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40741, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,313 (100%) |
| Owner Occupied HU | 6,421 (62.3%) |
| Renter Occupied HU | 2,983 (28.9%) |
| Vacant Housing Units | 909 ( 8.8%) |
| Median Home Value | $171,848 |
| Average Home Value | $210,766 |
Housing Distribution
Address Breakdown
Residential
9,973
Single Family
9,853
Multi-Family
120
Businesses
1,068
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Listed by: Tommy Black • Re/Max On Main, Inc
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24024859
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.