416 Wells Purdom DrAlmoKY42020
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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 Almo at 416 Wells Purdom Dr, Almo, KY, 42020 priced at $210,000 pairs $1,632/mo rent with $354/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,632/mo, and annual cash flow comes to $4,245/yr on $69,615 invested. Return on cash invested is 26.01% in year one, and rental yield stands at 9.33% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 135.41% and total cumulative return in cash reaches $94,264. For financing, Ziffy Mortgage’s DSCR program evaluates $1,632/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42020, Almo, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,046 (100%) |
| Owner Occupied HU | 741 (70.8%) |
| Renter Occupied HU | 208 (19.9%) |
| Vacant Housing Units | 97 ( 9.3%) |
| Median Home Value | $181,568 |
| Average Home Value | $196,407 |
Housing Distribution
Address Breakdown
Residential
1,014
Single Family
1,014
Multi-Family
0
Businesses
31
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