3107 Salt Lick RdCrestwoodKY40014
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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 Crestwood at 3107 Salt Lick Rd, Crestwood, KY, 40014 priced at $574,000 pairs $4,200/mo rent with $707/mo cash flow after a $2,809/mo payment. Total monthly income equals $4,200/mo, and annual cash flow comes to $8,484/yr on $188,846 invested. Return on cash invested is 24.55% in year one, and rental yield stands at 8.78% on a $574,000 basis. Equity gained on principal adds $3,704/yr, and 5% annual appreciation accumulates to $158,586 by year five. Five-year ROI measures 127.57% and total cumulative return in cash reaches $240,909. For financing, Ziffy Mortgage’s DSCR program evaluates $4,200/mo property income against a $2,809/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40014, Crestwood, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,752 (100%) |
| Owner Occupied HU | 7,177 (82.0%) |
| Renter Occupied HU | 1,328 (15.2%) |
| Vacant Housing Units | 247 ( 2.8%) |
| Median Home Value | $409,259 |
| Average Home Value | $462,141 |
Housing Distribution
Address Breakdown
Residential
8,211
Single Family
7,849
Multi-Family
362
Businesses
543
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