505 Independence CtRadcliffKY40160
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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 Radcliff at 505 Independence Ct, Radcliff, KY, 40160 offers a 11.56% rental yield on a $136,800 purchase with $1,318/mo rent. Total monthly income registers $1,318/mo, and a $670/mo payment leaves $485/mo available for distribution. Annual cash flow reaches $5,820/yr on $45,349 to close, and return on cash invested stands at 32.74% in year one. Equity gained on principal adds $883/yr while 5% annual appreciation supports $37,795 over five years. Portfolio math shows five-year ROI at 171.5% and total cumulative return in cash at $77,774. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,318/mo property income against a $670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40160, Radcliff, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,542 (100%) |
| Owner Occupied HU | 5,112 (48.5%) |
| Renter Occupied HU | 4,323 (41.0%) |
| Vacant Housing Units | 1,107 (10.5%) |
| Median Home Value | $178,293 |
| Average Home Value | $217,813 |
Housing Distribution
Address Breakdown
Residential
10,197
Single Family
9,869
Multi-Family
328
Businesses
648
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