280 Jimeson WayGlasgowKY42141
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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
Investment property for sale in Glasgow at 280 Jimeson Way, Glasgow, KY, 42141 offers a 11.24% rental yield on a $215,900 purchase with $2,023/mo rent. Total monthly income registers $2,023/mo, and a $1,057/mo payment leaves $709/mo available for distribution. Annual cash flow reaches $8,505/yr on $71,571 to close, and return on cash invested stands at 31.79% in year one. Equity gained on principal adds $1,393/yr while 5% annual appreciation supports $59,649 over five years. Portfolio math shows five-year ROI at 166.44% and total cumulative return in cash at $119,120. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,023/mo property income against a $1,057/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.59 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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