344 Lake Ridge RdScottsvilleKY42164
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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 Scottsville at 344 Lake Ridge Rd, Scottsville, KY, 42164 at $750,000 posts ROI 8.37% with from $2,160/mo rent. Total monthly income equals $2,160/mo. Return on cash invested measures 8.37% and rental yield reads 3.46% at the current $750,000. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 by year five. Five-year ROI prints 40.79% and total cumulative return in cash totals $100,638. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42164, Scottsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,916 (100%) |
| Owner Occupied HU | 5,203 (65.7%) |
| Renter Occupied HU | 1,790 (22.6%) |
| Vacant Housing Units | 923 (11.7%) |
| Median Home Value | $195,519 |
| Average Home Value | $231,449 |
Housing Distribution
Address Breakdown
Residential
7,696
Single Family
7,695
Multi-Family
1
Businesses
446
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Listed by: Michele Greer • Homepage Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20251899
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.