5860 Holy Cross RdLorettoKY40037
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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 Loretto at 5860 Holy Cross Rd, Loretto, KY, 40037 generates $1,812/mo in rent and, after a $1,321/mo payment, leaves $169/mo in cash flow. Total monthly income is $1,812/mo, and annual cash flow is $2,032/yr on $89,472 invested. Return on cash invested sits at 22.18% in year one, and rental yield is 8.06% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 114.91% and total cumulative return in cash sums $102,810. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,812/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40037, Loretto, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,105 (100%) |
| Owner Occupied HU | 858 (77.6%) |
| Renter Occupied HU | 174 (15.7%) |
| Vacant Housing Units | 73 ( 6.6%) |
| Median Home Value | $222,692 |
| Average Home Value | $252,296 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
28
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