39 Hale AveLovelyKY41231
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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 Lovely at 39 Hale Ave, Lovely, KY, 41231 uses $41,438 cash to close to unlock $2,856/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $999/mo, and a $612/mo payment keeps the spread at $238/mo. Purchase price stands at $125,000, and rental yield measures 9.59% with $999/mo rent. Return on cash invested shows 26.8% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 139.8% and total cumulative return in cash records $57,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $999/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 2003
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41231, Lovely, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 513 (100%) |
| Owner Occupied HU | 348 (67.8%) |
| Renter Occupied HU | 64 (12.5%) |
| Vacant Housing Units | 101 (19.7%) |
| Median Home Value | $108,824 |
| Average Home Value | $123,585 |
Housing Distribution
Address Breakdown
Residential
257
Single Family
257
Multi-Family
0
Businesses
17
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