459 Spring StMount SterlingKY40353
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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 Mount Sterling at 459 Spring St, Mount Sterling, KY, 40353 priced at $148,000 converts $1,003/mo rent into $103/mo cash flow after a $724/mo obligation. Total monthly income equals $1,003/mo, and annual cash flow totals $1,232/yr on $49,062 invested. Return on cash invested prints 22.42% in year one, and rental yield reads 8.13% against a $148,000 entry. Equity gained on principal adds $955/yr, while 5% annual appreciation compiles into $40,890 by year five. Five-year ROI reaches 116.18% and total cumulative return in cash sums $57,002. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,003/mo property income covering a $724/mo payment, not borrower’s personal income.
Single Family
Built in N/A
4,795 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40353, Mount Sterling, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,961 (59.5%) |
| Renter Occupied HU | 3,264 (32.6%) |
| Vacant Housing Units | 791 ( 7.9%) |
| Median Home Value | $190,101 |
| Average Home Value | $242,793 |
Housing Distribution
Address Breakdown
Residential
9,390
Single Family
9,202
Multi-Family
188
Businesses
890
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Listed by: David Espinosa • Bluegrass Realty Pros, Inc
Mls Name: Imagine MLS
Mls ID: #25015478