596 Megan LnGlasgowKY42141
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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 Glasgow at 596 Megan Ln, Glasgow, KY, 42141 priced at $486,900 converts $2,537/mo rent into after a $2,383/mo obligation. Total monthly income equals $2,537/mo. Return on cash invested prints 16.74% in year one, and rental yield reads 6.25% against a $486,900 entry. Equity gained on principal adds $3,142/yr, while 5% annual appreciation compiles into $134,521 by year five. Five-year ROI reaches 85.71% and total cumulative return in cash sums $138,347. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,537/mo property income covering a $2,383/mo payment, not borrower’s personal income.
Single Family
Built in 2007
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42141, Glasgow, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,741 (100%) |
| Owner Occupied HU | 8,662 (58.8%) |
| Renter Occupied HU | 4,542 (30.8%) |
| Vacant Housing Units | 1,537 (10.4%) |
| Median Home Value | $183,689 |
| Average Home Value | $226,792 |
Housing Distribution
Address Breakdown
Residential
13,986
Single Family
13,798
Multi-Family
188
Businesses
1,035
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