545 Redbud LnSalt LickKY40371
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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 Salt Lick at 545 Redbud Ln, Salt Lick, KY, 40371 earns $460/mo cash flow from $1,190/mo rent with a $587/mo payment. Total monthly income totals $1,190/mo, and annual cash flow totals $5,521/yr on $39,747 capital. ROI tracks 33.8% on current figures, and rental yield reads 11.91% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 177.34% and total cumulative return in cash sums $70,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,190/mo property income instead of your personal income.
Single Family
Built in N/A
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40371, Salt Lick, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,269 (100%) |
| Owner Occupied HU | 812 (64.0%) |
| Renter Occupied HU | 281 (22.1%) |
| Vacant Housing Units | 176 (13.9%) |
| Median Home Value | $125,000 |
| Average Home Value | $147,321 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
37
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Listed by: Margie P Hunter • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25011912
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.