425 3rd AveWorthingtonKY41183
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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 Worthington at 425 3rd Ave, Worthington, KY, 41183 uses $57,681 cash to close to unlock $2,384/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,258/mo, and a $852/mo payment keeps the spread at $199/mo. Purchase price stands at $174,000, and rental yield measures 8.68% with $1,258/mo rent. Return on cash invested shows 24.04% in year one, and 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 124.92% and total cumulative return in cash records $72,053. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,258/mo property income covering a $852/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41183, Worthington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 458 (65.5%) |
| Renter Occupied HU | 163 (23.3%) |
| Vacant Housing Units | 78 (11.2%) |
| Median Home Value | $104,750 |
| Average Home Value | $127,609 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
24
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Listed by: Kelly McIntosh • Ross Real Estate Services
Mls Name: AABR
Mls ID: #59220