529 S Lorraine StRadcliffKY40160
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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 Radcliff at 529 S Lorraine St, Radcliff, KY, 40160 priced at $350,000 pairs $1,638/mo rent with after a $1,713/mo payment. Total monthly income equals $1,638/mo. Return on cash invested is 14.82% in year one, and rental yield stands at 5.62% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 75.41% and total cumulative return in cash reaches $87,494. For financing, Ziffy Mortgage’s DSCR program evaluates $1,638/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1981
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40160, Radcliff, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,542 (100%) |
| Owner Occupied HU | 5,112 (48.5%) |
| Renter Occupied HU | 4,323 (41.0%) |
| Vacant Housing Units | 1,107 (10.5%) |
| Median Home Value | $178,293 |
| Average Home Value | $217,813 |
Housing Distribution
Address Breakdown
Residential
10,197
Single Family
9,869
Multi-Family
328
Businesses
648
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Listed by: Norman G Armstrong • REAL-STRONG PROPERTIES
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24003300
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.