326 Hill StRichmondKY40475
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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 Richmond at 326 Hill St, Richmond, KY, 40475 priced at $174,900 converts $1,388/mo rent into $324/mo cash flow after a $856/mo obligation. Total monthly income equals $1,388/mo, and annual cash flow totals $3,883/yr on $57,979 invested. Return on cash invested prints 26.61% in year one, and rental yield reads 9.52% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 138.67% and total cumulative return in cash sums $80,400. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,388/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in 1941
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40475, Richmond, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,247 (100%) |
| Owner Occupied HU | 15,772 (53.9%) |
| Renter Occupied HU | 11,180 (38.2%) |
| Vacant Housing Units | 2,295 ( 7.8%) |
| Median Home Value | $284,131 |
| Average Home Value | $320,088 |
Housing Distribution
Address Breakdown
Residential
28,136
Single Family
26,632
Multi-Family
1,504
Businesses
1,528
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