519 W 2nd StLondonKY40741
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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 London at 519 W 2nd St, London, KY, 40741 listed at $319,500 pairs $1,478/mo rent with a $1,564/mo payment. Total monthly income runs $1,478/mo. Return on cash invested measures 14.62% in year one, and rental yield registers 5.55% at a $319,500 basis. Equity gained on principal adds $2,062/yr, and annual property appreciation at 5% supports $88,272 by year five. Five-year ROI tracks 74.38% and total cumulative return in cash totals $78,782. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,478/mo property income relative to a $1,564/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1912
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40741, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,313 (100%) |
| Owner Occupied HU | 6,421 (62.3%) |
| Renter Occupied HU | 2,983 (28.9%) |
| Vacant Housing Units | 909 ( 8.8%) |
| Median Home Value | $171,848 |
| Average Home Value | $210,766 |
Housing Distribution
Address Breakdown
Residential
9,973
Single Family
9,853
Multi-Family
120
Businesses
1,068
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