305 Old Veechdale RdSimpsonvilleKY40067
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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 Simpsonville at 305 Old Veechdale Rd, Simpsonville, KY, 40067 earns $530/mo cash flow from $2,158/mo rent with a $1,299/mo payment. Total monthly income totals $2,158/mo, and annual cash flow totals $6,361/yr on $88,013 capital. ROI tracks 27.14% on current figures, and rental yield reads 9.75% at a $265,500 purchase. Equity gained on principal adds $1,713/yr, and 5% annual appreciation supports $73,353 over five years. Five-year ROI reaches 141.58% and total cumulative return in cash sums $124,612. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,158/mo property income instead of your personal income.
Single Family
Built in 2002
7,405 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40067, Simpsonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,340 (100%) |
| Owner Occupied HU | 1,900 (81.2%) |
| Renter Occupied HU | 334 (14.3%) |
| Vacant Housing Units | 106 ( 4.5%) |
| Median Home Value | $359,211 |
| Average Home Value | $491,426 |
Housing Distribution
Address Breakdown
Residential
2,240
Single Family
2,240
Multi-Family
0
Businesses
288
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Listed by: Philip Staton • The Breland Group
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1686730
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