398 Georgia AveMount WashingtonKY40047
Nearby investment properties with comparable rents
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
Rental property for sale in Mount Washington at 398 Georgia Ave, Mount Washington, KY, 40047 priced at $215,000 converts $1,870/mo rent into $562/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,870/mo, and annual cash flow totals $6,741/yr on $71,273 invested. Return on cash invested prints 29.37% in year one, and rental yield reads 10.44% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 153.42% and total cumulative return in cash sums $109,345. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,870/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40047, Mount Washington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,602 (100%) |
| Owner Occupied HU | 8,016 (83.5%) |
| Renter Occupied HU | 1,346 (14.0%) |
| Vacant Housing Units | 240 ( 2.5%) |
| Median Home Value | $307,108 |
| Average Home Value | $347,621 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
9,574
Multi-Family
162
Businesses
497
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Meldahl-Dayton • SEMONIN REALTORS-HURSTBOURNE
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25001006
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.