317 Short RdSalvisaKY40372
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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 Salvisa at 317 Short Rd, Salvisa, KY, 40372 generates $1,595/mo in rent, after a $1,957/mo payment. Total monthly income is $1,595/mo. Return on cash invested sits at 12.32% in year one, and rental yield is 4.79% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 62.01% and total cumulative return in cash sums $82,208. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,595/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
5.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40372, Salvisa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 996 (100%) |
| Owner Occupied HU | 834 (83.7%) |
| Renter Occupied HU | 103 (10.3%) |
| Vacant Housing Units | 59 ( 5.9%) |
| Median Home Value | $262,403 |
| Average Home Value | $329,143 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
1,012
Multi-Family
0
Businesses
25
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Listed by: Justin Johnson • Kentucky Prime Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25008526
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.