4793 State Route 109 SProvidenceKY42450
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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 Providence at 4793 State Route 109 S, Providence, KY, 42450 earns $48/mo cash flow from $1,630/mo rent with a $1,272/mo payment. Total monthly income totals $1,630/mo, and annual cash flow totals $579/yr on $86,157 capital. ROI tracks 20.58% on current figures, and rental yield reads 7.53% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 106.34% and total cumulative return in cash sums $91,618. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,630/mo property income instead of your personal income.
Single Family
Built in N/A
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42450, Providence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,137 (60.1%) |
| Renter Occupied HU | 452 (23.9%) |
| Vacant Housing Units | 304 (16.1%) |
| Median Home Value | $75,879 |
| Average Home Value | $135,204 |
Housing Distribution
Address Breakdown
Residential
1,806
Single Family
1,780
Multi-Family
26
Businesses
143
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Listed by: Josh Parish • Bhg Realty
Mls Name: MHCBOR
Mls ID: #117326