412 Salinity DrGreenvilleKY42345
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
Investment property for sale in Greenville at 412 Salinity Dr, Greenville, KY, 42345 offers a 7.9% rental yield on a $244,900 purchase with $1,613/mo rent. Total monthly income registers $1,613/mo, and a $1,199/mo payment leaves $122/mo available for distribution. Annual cash flow reaches $1,466/yr on $81,184 to close, and return on cash invested stands at 21.71% in year one. Equity gained on principal adds $1,580/yr while 5% annual appreciation supports $67,661 over five years. Portfolio math shows five-year ROI at 112.43% and total cumulative return in cash at $91,277. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,613/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42345, Greenville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,924 (100%) |
| Owner Occupied HU | 3,379 (68.6%) |
| Renter Occupied HU | 1,019 (20.7%) |
| Vacant Housing Units | 526 (10.7%) |
| Median Home Value | $155,511 |
| Average Home Value | $185,459 |
Housing Distribution
Address Breakdown
Residential
4,644
Single Family
4,620
Multi-Family
24
Businesses
309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tonya Beadnell • Wright Choice of Kentucky Realty & Auction
Mls Name: My State MLS
Mls ID: #11399847