281 Garrett StFergusonKY42533
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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 Ferguson at 281 Garrett St, Ferguson, KY, 42533 earns $457/mo cash flow from $1,673/mo rent with a $978/mo payment. Total monthly income totals $1,673/mo, and annual cash flow totals $5,481/yr on $66,267 capital. ROI tracks 28.18% on current figures, and rental yield reads 10.04% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 147.08% and total cumulative return in cash sums $97,465. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,673/mo property income instead of your personal income.
Single Family
Built in 1979
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42533, Ferguson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 350 (100%) |
| Owner Occupied HU | 180 (51.4%) |
| Renter Occupied HU | 135 (38.6%) |
| Vacant Housing Units | 35 ( 10.0%) |
| Median Home Value | $171,875 |
| Average Home Value | $271,681 |
Housing Distribution
Address Breakdown
Residential
332
Single Family
332
Multi-Family
0
Businesses
17
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Listed by: Kathy Dick • Premier Properties Of Lake Cumberland, Inc.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25011203
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.