312 Emerald WaySmiths GroveKY42171
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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 Smiths Grove at 312 Emerald Way, Smiths Grove, KY, 42171 with 5% annual appreciation on a $369,000 basis while $2,380/mo rent supports operations. Total monthly income totals $2,380/mo and a $1,806/mo payment preserves $134/mo for cash returns. Annual cash flow comes to $1,611/yr on $122,324 deployed, and return on cash invested reaches 21.23% in year one. Equity gained on principal adds $2,381/yr, and five-year appreciation sums $101,948 alongside rental yield of 7.74%. Five-year ROI measures 109.8% and total cumulative return in cash totals $134,307.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,380/mo property income versus a $1,806/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42171, Smiths Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,094 (100%) |
| Owner Occupied HU | 2,335 (75.5%) |
| Renter Occupied HU | 502 (16.2%) |
| Vacant Housing Units | 257 ( 8.3%) |
| Median Home Value | $248,910 |
| Average Home Value | $256,677 |
Housing Distribution
Address Breakdown
Residential
3,140
Single Family
3,140
Multi-Family
0
Businesses
102
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Listed by: Amanda Cowan • Elmore Realty & Auction
Mls Name: South Central Kentucky AOR
Mls Provider:
Mls ID: #SC45819