311 Circle Spring DrGlasgowKY42141
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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 Glasgow at 311 Circle Spring Dr, Glasgow, KY, 42141 uses $79,229 cash to close to unlock $6,182/yr annual cash flow and $515/mo monthly cash flow. Total monthly income runs $1,970/mo, and a $1,170/mo payment keeps the spread at $515/mo. Purchase price stands at $239,000, and rental yield measures 9.89% with $1,970/mo rent. Return on cash invested shows 27.71% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 144.6% and total cumulative return in cash records $114,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,970/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1957
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42141, Glasgow, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,741 (100%) |
| Owner Occupied HU | 8,662 (58.8%) |
| Renter Occupied HU | 4,542 (30.8%) |
| Vacant Housing Units | 1,537 (10.4%) |
| Median Home Value | $183,689 |
| Average Home Value | $226,792 |
Housing Distribution
Address Breakdown
Residential
13,986
Single Family
13,798
Multi-Family
188
Businesses
1,035
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