389 Nolin Park LoopClarksonKY42726
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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 Clarkson at 389 Nolin Park Loop, Clarkson, KY, 42726 priced at $425,000 converts $2,284/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,284/mo. Return on cash invested prints 17.33% in year one, and rental yield reads 6.45% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 88.9% and total cumulative return in cash sums $125,249. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,284/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 2024
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42726, Clarkson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,126 (100%) |
| Owner Occupied HU | 1,550 (49.6%) |
| Renter Occupied HU | 408 (13.1%) |
| Vacant Housing Units | 1,168 (37.4%) |
| Median Home Value | $233,228 |
| Average Home Value | $254,855 |
Housing Distribution
Address Breakdown
Residential
2,550
Single Family
2,550
Multi-Family
0
Businesses
76
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