4605 Miller Glen PlSmithfieldKY40068
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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 Smithfield at 4605 Miller Glen Pl, Smithfield, KY, 40068 uses $155,805 cash to close to unlock $1,559/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $2,990/mo, and a $2,300/mo payment keeps the spread at $130/mo. Purchase price stands at $470,000, and rental yield measures 7.63% with $2,990/mo rent. Return on cash invested shows 20.91% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 108.06% and total cumulative return in cash records $168,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,990/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40068, Smithfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 985 (100%) |
| Owner Occupied HU | 831 (84.4%) |
| Renter Occupied HU | 102 (10.4%) |
| Vacant Housing Units | 52 ( 5.3%) |
| Median Home Value | $319,163 |
| Average Home Value | $336,652 |
Housing Distribution
Address Breakdown
Residential
1,042
Single Family
1,042
Multi-Family
0
Businesses
30
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Listed by: Chad Withrow • Keller Williams Collective
Mls Name: GLARMLS
Mls ID: #1699794