385 Main StSalvisaKY40372
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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 Salvisa at 385 Main St, Salvisa, KY, 40372 priced at $265,000 pairs $1,190/mo rent with after a $1,297/mo payment. Total monthly income equals $1,190/mo. Return on cash invested is 14.13% in year one, and rental yield stands at 5.39% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 71.79% and total cumulative return in cash reaches $63,063. For financing, Ziffy Mortgage’s DSCR program evaluates $1,190/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40372, Salvisa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 996 (100%) |
| Owner Occupied HU | 834 (83.7%) |
| Renter Occupied HU | 103 (10.3%) |
| Vacant Housing Units | 59 ( 5.9%) |
| Median Home Value | $262,403 |
| Average Home Value | $329,143 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
1,012
Multi-Family
0
Businesses
25
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