489 Sally J RdMount VernonKY40456
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mount Vernon at 489 Sally J Rd, Mount Vernon, KY, 40456 at $450,000 posts ROI 20.93% with $127/mo cash flow from $2,866/mo rent. Total monthly income equals $2,866/mo, and annual cash flow records $1,521/yr on $149,175 to close. Return on cash invested measures 20.93% and rental yield reads 7.64% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 108.17% and total cumulative return in cash totals $161,370.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,866/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40456, Mount Vernon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 2,859 (67.5%) |
| Renter Occupied HU | 939 (22.2%) |
| Vacant Housing Units | 439 (10.4%) |
| Median Home Value | $140,961 |
| Average Home Value | $190,641 |
Housing Distribution
Address Breakdown
Residential
3,656
Single Family
3,656
Multi-Family
0
Businesses
274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vonda G Sipple • Southern Legacy Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25501028
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.