391 Millstown RdPark CityKY42160
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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 Park City at 391 Millstown Rd, Park City, KY, 42160 with 5% annual appreciation on a $139,900 basis while $1,336/mo rent supports operations. Total monthly income totals $1,336/mo and a $685/mo payment preserves $484/mo for cash returns. Annual cash flow comes to $5,811/yr on $46,377 deployed, and return on cash invested reaches 32.44% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 11.46%. Five-year ROI measures 169.98% and total cumulative return in cash totals $78,831.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,336/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42160, Park City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 745 (62.3%) |
| Renter Occupied HU | 327 (27.3%) |
| Vacant Housing Units | 124 (10.4%) |
| Median Home Value | $159,801 |
| Average Home Value | $198,372 |
Housing Distribution
Address Breakdown
Residential
896
Single Family
896
Multi-Family
0
Businesses
42
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