37 Garden WaySmiths GroveKY42171
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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 Smiths Grove at 37 Garden Way, Smiths Grove, KY, 42171 earns from $1,739/mo rent with a $1,517/mo payment. Total monthly income totals $1,739/mo. ROI tracks 18.19% on current figures, and rental yield reads 6.73% at a $309,900 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 over five years. Five-year ROI reaches 93.49% and total cumulative return in cash sums $96,048. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,739/mo property income instead of your personal income.
Single Family
Built in 2021
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42171, Smiths Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,094 (100%) |
| Owner Occupied HU | 2,335 (75.5%) |
| Renter Occupied HU | 502 (16.2%) |
| Vacant Housing Units | 257 ( 8.3%) |
| Median Home Value | $248,910 |
| Average Home Value | $256,677 |
Housing Distribution
Address Breakdown
Residential
3,140
Single Family
3,140
Multi-Family
0
Businesses
102
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Listed by: Shauna Gravil • RE/MAX Real Estate Executives
Mls Name: RASK
Mls ID: #RA20256014