322 Luzerne Depoy RdGreenvilleKY42345
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Greenville at 322 Luzerne Depoy Rd, Greenville, KY, 42345 offers $1,063/mo rent that, after a $538/mo payment, leaves $394/mo cash flow. Total monthly income is $1,063/mo, and annual cash flow is $4,727/yr on $36,465 cash. Return on cash invested measures 32.87% in year one, and rental yield stands at 11.6% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 172.24% and total cumulative return in cash reaches $62,808. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,063/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42345, Greenville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,924 (100%) |
| Owner Occupied HU | 3,379 (68.6%) |
| Renter Occupied HU | 1,019 (20.7%) |
| Vacant Housing Units | 526 (10.7%) |
| Median Home Value | $155,511 |
| Average Home Value | $185,459 |
Housing Distribution
Address Breakdown
Residential
4,644
Single Family
4,620
Multi-Family
24
Businesses
309
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Listed by: Misty D Avery • Eaves Realty Auc-KW 1st Choice
Mls Name: RASK
Mls Provider:
Mls ID: #RA20245485
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.