408 Doc Lonas RdScottsvilleKY42164
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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 Scottsville at 408 Doc Lonas Rd, Scottsville, KY, 42164 offers $1,985/mo rent that, after a $1,591/mo payment, leaves $7/mo cash flow. Total monthly income is $1,985/mo, and annual cash flow is $81/yr on $107,738 cash. Return on cash invested measures 19.98% in year one, and rental yield stands at 7.33% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 103.11% and total cumulative return in cash reaches $111,085. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,985/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42164, Scottsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,916 (100%) |
| Owner Occupied HU | 5,203 (65.7%) |
| Renter Occupied HU | 1,790 (22.6%) |
| Vacant Housing Units | 923 (11.7%) |
| Median Home Value | $195,519 |
| Average Home Value | $231,449 |
Housing Distribution
Address Breakdown
Residential
7,696
Single Family
7,695
Multi-Family
1
Businesses
446
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Listed by: Carrie Thrailkill • Crye-Leike Executive Realty
Mls Name: RASK
Mls ID: #RA20257067