445 John 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 445 John Purdom Dr, Almo, KY, 42020 generates $2,394/mo in rent, after a $1,958/mo payment. Total monthly income is $2,394/mo. Return on cash invested sits at 19.54% in year one, and rental yield is 7.18% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 100.75% and total cumulative return in cash sums $133,600. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,394/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.74 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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