508 Scott StMount SterlingKY40353
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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 Mount Sterling at 508 Scott St, Mount Sterling, KY, 40353 priced at $115,000 pairs $871/mo rent with $171/mo cash flow after a $563/mo payment. Total monthly income equals $871/mo, and annual cash flow comes to $2,052/yr on $38,123 invested. Return on cash invested is 25.29% in year one, and rental yield stands at 9.09% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 131.54% and total cumulative return in cash reaches $50,145. For financing, Ziffy Mortgage’s DSCR program evaluates $871/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
3,441 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40353, Mount Sterling, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,961 (59.5%) |
| Renter Occupied HU | 3,264 (32.6%) |
| Vacant Housing Units | 791 ( 7.9%) |
| Median Home Value | $190,101 |
| Average Home Value | $242,793 |
Housing Distribution
Address Breakdown
Residential
9,390
Single Family
9,202
Multi-Family
188
Businesses
890
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Listed by: Dacoda Campbell • United Real Estate Bluegrass
Mls Name: Imagine MLS
Mls ID: #24018440