4860 Fort AveVine GroveKY40175
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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 Vine Grove at 4860 Fort Ave, Vine Grove, KY, 40175 offers a 7.45% rental yield on a $429,900 purchase with $2,668/mo rent. Total monthly income registers $2,668/mo, and a $2,104/mo payment leaves $52/mo available for distribution. Annual cash flow reaches $620/yr on $142,512 to close, and return on cash invested stands at 20.34% in year one. Equity gained on principal adds $2,774/yr while 5% annual appreciation supports $118,773 over five years. Portfolio math shows five-year ROI at 105.04% and total cumulative return in cash at $149,695. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,668/mo property income against a $2,104/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
6.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40175, Vine Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 4,713 (71.0%) |
| Renter Occupied HU | 1,418 (21.4%) |
| Vacant Housing Units | 506 ( 7.6%) |
| Median Home Value | $257,249 |
| Average Home Value | $269,255 |
Housing Distribution
Address Breakdown
Residential
6,160
Single Family
6,160
Multi-Family
0
Businesses
170
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Listed by: Becky Snyder • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1695406