306 Forest TrceRadcliffKY40160
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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 Radcliff at 306 Forest Trce, Radcliff, KY, 40160 priced at $425,000 converts $2,514/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,514/mo. Return on cash invested prints 19.29% in year one, and rental yield reads 7.1% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 99.4% and total cumulative return in cash sums $140,045. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,514/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1987
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40160, Radcliff, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,542 (100%) |
| Owner Occupied HU | 5,112 (48.5%) |
| Renter Occupied HU | 4,323 (41.0%) |
| Vacant Housing Units | 1,107 (10.5%) |
| Median Home Value | $178,293 |
| Average Home Value | $217,813 |
Housing Distribution
Address Breakdown
Residential
10,197
Single Family
9,869
Multi-Family
328
Businesses
648
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