515 W High StMount SterlingKY40353
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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
Rental property for sale in Mount Sterling at 515 W High St, Mount Sterling, KY, 40353 priced at $225,000 pairs $1,490/mo rent with $121/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,490/mo, and annual cash flow comes to $1,450/yr on $74,588 invested. Return on cash invested is 21.85% in year one, and rental yield stands at 7.95% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 113.13% and total cumulative return in cash reaches $84,381. For financing, Ziffy Mortgage’s DSCR program evaluates $1,490/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.98 Acres 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: Lacy Marshall • Lacy Gay Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24023411
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.