513 Grinstead Mill RdCave CityKY42127
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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 Cave City at 513 Grinstead Mill Rd, Cave City, KY, 42127 at $114,900 posts ROI 33.81% with $441/mo cash flow from $1,140/mo rent. Total monthly income equals $1,140/mo, and annual cash flow records $5,293/yr on $38,089 to close. Return on cash invested measures 33.81% and rental yield reads 11.91% at the current $114,900. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 by year five. Five-year ROI prints 177.35% and total cumulative return in cash totals $67,550.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42127, Cave City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,920 (100%) |
| Owner Occupied HU | 1,644 (56.3%) |
| Renter Occupied HU | 996 (34.1%) |
| Vacant Housing Units | 280 ( 9.6%) |
| Median Home Value | $174,629 |
| Average Home Value | $220,143 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,745
Multi-Family
0
Businesses
196
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