31 Friendship RdFalls Of RoughKY40119
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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 Falls Of Rough at 31 Friendship Rd, Falls Of Rough, KY, 40119 with 5% annual appreciation on a $299,000 basis while $2,386/mo rent supports operations. Total monthly income totals $2,386/mo and a $1,463/mo payment preserves $567/mo for cash returns. Annual cash flow comes to $6,800/yr on $99,119 deployed, and return on cash invested reaches 26.77% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 9.58%. Five-year ROI measures 139.5% and total cumulative return in cash totals $138,274.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,386/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40119, Falls Of Rough, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 783 (43.6%) |
| Renter Occupied HU | 115 ( 6.4%) |
| Vacant Housing Units | 896 (49.9%) |
| Median Home Value | $170,997 |
| Average Home Value | $191,734 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,311
Multi-Family
0
Businesses
40
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Listed by: Catherine Corbett • GREATER ROUGH RIVER REALTY GROUP
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #91778
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.