5815 S Main StEminenceKY40019
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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 Eminence at 5815 S Main St, Eminence, KY, 40019 offers a 5.49% rental yield on a $489,000 purchase with $2,238/mo rent. 45% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,102 over five years. Portfolio math shows five-year ROI at 73.43% and total cumulative return in cash at $119,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,238/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40019, Eminence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,728 (100%) |
| Owner Occupied HU | 1,084 (62.7%) |
| Renter Occupied HU | 569 (32.9%) |
| Vacant Housing Units | 75 ( 4.3%) |
| Median Home Value | $205,587 |
| Average Home Value | $251,402 |
Housing Distribution
Address Breakdown
Residential
1,687
Single Family
1,685
Multi-Family
2
Businesses
118
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