506 Glengarry DrFairdaleKY40118
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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 Fairdale at 506 Glengarry Dr, Fairdale, KY, 40118 at $195,000 posts ROI 24.99% with $274/mo cash flow from $1,460/mo rent. Total monthly income equals $1,460/mo, and annual cash flow records $3,283/yr on $64,643 to close. Return on cash invested measures 24.99% and rental yield reads 8.98% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 129.96% and total cumulative return in cash totals $84,010.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,460/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40118, Fairdale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,547 (100%) |
| Owner Occupied HU | 2,715 (59.7%) |
| Renter Occupied HU | 1,374 (30.2%) |
| Vacant Housing Units | 458 (10.1%) |
| Median Home Value | $202,788 |
| Average Home Value | $240,656 |
Housing Distribution
Address Breakdown
Residential
4,335
Single Family
3,930
Multi-Family
405
Businesses
183
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