505 E 9th StLondonKY40741
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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 London at 505 E 9th St, London, KY, 40741 at $599,000 posts ROI 10.5% with from $2,076/mo rent. Total monthly income equals $2,076/mo. Return on cash invested measures 10.5% and rental yield reads 4.16% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 52.24% and total cumulative return in cash totals $102,958. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,076/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40741, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,313 (100%) |
| Owner Occupied HU | 6,421 (62.3%) |
| Renter Occupied HU | 2,983 (28.9%) |
| Vacant Housing Units | 909 ( 8.8%) |
| Median Home Value | $171,848 |
| Average Home Value | $210,766 |
Housing Distribution
Address Breakdown
Residential
9,973
Single Family
9,853
Multi-Family
120
Businesses
1,068
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