535 Garden Springs DrMount 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
Investment property for sale in Mount Sterling at 535 Garden Springs Dr, Mount Sterling, KY, 40353 at $237,500 posts ROI 28.63% with $572/mo cash flow from $2,017/mo rent. Total monthly income equals $2,017/mo, and annual cash flow records $6,864/yr on $78,731 to close. Return on cash invested measures 28.63% and rental yield reads 10.19% at the current $237,500. Equity gained on principal adds $1,533/yr, and 5% annual appreciation supports $65,617 by year five. Five-year ROI prints 149.46% and total cumulative return in cash totals $117,669.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,017/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.45 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: Jonathan Wood • Homeland Real Estate Inc - Mt Sterling
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24017035
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.