3297 Fry Ridge RdGreensburgKY42743
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
Investment property for sale in Greensburg at 3297 Fry Ridge Rd, Greensburg, KY, 42743 offers a 8.98% rental yield on a $190,000 purchase with $1,422/mo rent. Total monthly income registers $1,422/mo, and a $930/mo payment leaves $266/mo available for distribution. Annual cash flow reaches $3,187/yr on $62,985 to close, and return on cash invested stands at 24.97% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 129.88% and total cumulative return in cash at $81,804. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,422/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42743, Greensburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,359 (100%) |
| Owner Occupied HU | 2,880 (66.1%) |
| Renter Occupied HU | 954 (21.9%) |
| Vacant Housing Units | 525 (12.0%) |
| Median Home Value | $117,857 |
| Average Home Value | $210,336 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,147
Multi-Family
74
Businesses
335
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Listed by: Debbie Murray • Keller Williams First Choice Realty
Mls Name: South Central Kentucky AOR
Mls ID: #SC47635