288 Royal DrLondonKY40744
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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 London at 288 Royal Dr, London, KY, 40744 priced at $689,000 pairs $3,065/mo rent with after a $3,372/mo payment. Total monthly income equals $3,065/mo. Return on cash invested is 14.09% in year one, and rental yield stands at 5.34% on a $689,000 basis. Equity gained on principal adds $4,446/yr, and 5% annual appreciation accumulates to $190,358 by year five. Five-year ROI measures 71.45% and total cumulative return in cash reaches $161,958. For financing, Ziffy Mortgage’s DSCR program evaluates $3,065/mo property income against a $3,372/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
4.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40744, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,192 (100%) |
| Owner Occupied HU | 5,614 (68.5%) |
| Renter Occupied HU | 1,960 (23.9%) |
| Vacant Housing Units | 618 ( 7.5%) |
| Median Home Value | $171,588 |
| Average Home Value | $215,546 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,870
Multi-Family
173
Businesses
255
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Listed by: Sean Disney • Usa Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25015726
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.