2900 Knox AveVine GroveKY40175
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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 Vine Grove at 2900 Knox Ave, Vine Grove, KY, 40175 generates $1,644/mo in rent, after a $1,958/mo payment. Total monthly income is $1,644/mo. Return on cash invested sits at 12.75% in year one, and rental yield is 4.93% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 64.36% and total cumulative return in cash sums $85,347. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,644/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40175, Vine Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 4,713 (71.0%) |
| Renter Occupied HU | 1,418 (21.4%) |
| Vacant Housing Units | 506 ( 7.6%) |
| Median Home Value | $257,249 |
| Average Home Value | $269,255 |
Housing Distribution
Address Breakdown
Residential
6,160
Single Family
6,160
Multi-Family
0
Businesses
170
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Listed by: Troy Lawson • Lawson Company Auctioneers
Mls Name: My State MLS
Mls ID: #11562638