502 Concord Point RdFalls Of RoughKY40119
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
Rental property for sale in Falls Of Rough at 502 Concord Point Rd, Falls Of Rough, KY, 40119 priced at $195,000 pairs $1,248/mo rent with $62/mo cash flow after a $954/mo payment. Total monthly income equals $1,248/mo, and annual cash flow comes to $739/yr on $64,643 invested. Return on cash invested is 21.05% in year one, and rental yield stands at 7.68% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 108.87% and total cumulative return in cash reaches $70,378. For financing, Ziffy Mortgage’s DSCR program evaluates $1,248/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1999
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40119, Falls Of Rough, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 783 (43.6%) |
| Renter Occupied HU | 115 ( 6.4%) |
| Vacant Housing Units | 896 (49.9%) |
| Median Home Value | $170,997 |
| Average Home Value | $191,734 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,311
Multi-Family
0
Businesses
40
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Listed by: Erika Osbourn • Signal One Realty
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1688420
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