406 W Cherry StGlasgowKY42141
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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 Glasgow at 406 W Cherry St, Glasgow, KY, 42141 listed at $225,000 pairs $1,069/mo rent with a $1,101/mo payment. Total monthly income runs $1,069/mo. Return on cash invested measures 15.08% in year one, and rental yield registers 5.7% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 76.8% and total cumulative return in cash totals $57,285. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,069/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42141, Glasgow, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,741 (100%) |
| Owner Occupied HU | 8,662 (58.8%) |
| Renter Occupied HU | 4,542 (30.8%) |
| Vacant Housing Units | 1,537 (10.4%) |
| Median Home Value | $183,689 |
| Average Home Value | $226,792 |
Housing Distribution
Address Breakdown
Residential
13,986
Single Family
13,798
Multi-Family
188
Businesses
1,035
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