54 Miriam DrFlorenceKY41042
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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 Florence at 54 Miriam Dr, Florence, KY, 41042 offers $1,693/mo rent that, after a $1,223/mo payment, leaves $172/mo cash flow. Total monthly income is $1,693/mo, and annual cash flow is $2,066/yr on $82,842 cash. Return on cash invested measures 22.4% in year one, and rental yield stands at 8.13% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 116.13% and total cumulative return in cash reaches $96,206. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,693/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41042, Florence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,664 (100%) |
| Owner Occupied HU | 13,975 (59.1%) |
| Renter Occupied HU | 8,544 (36.1%) |
| Vacant Housing Units | 1,145 ( 4.8%) |
| Median Home Value | $243,210 |
| Average Home Value | $262,135 |
Housing Distribution
Address Breakdown
Residential
22,976
Single Family
16,237
Multi-Family
6,739
Businesses
2,027
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