5987 White Plains RdWhite PlainsKY42464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 White Plains at 5987 White Plains Rd, White Plains, KY, 42464 offers a 9.71% rental yield on a $259,900 purchase with $2,104/mo rent. Total monthly income registers $2,104/mo, and a $1,272/mo payment leaves $522/mo available for distribution. Annual cash flow reaches $6,267/yr on $86,157 to close, and return on cash invested stands at 27.18% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 141.76% and total cumulative return in cash at $122,134. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,104/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42464, White Plains, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 778 (100%) |
| Owner Occupied HU | 606 (77.9%) |
| Renter Occupied HU | 101 (13.0%) |
| Vacant Housing Units | 71 ( 9.1%) |
| Median Home Value | $123,387 |
| Average Home Value | $151,366 |
Housing Distribution
Address Breakdown
Residential
714
Single Family
714
Multi-Family
0
Businesses
13
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Listed by: Ginger Driver • Haven Realty, LLC
Mls Name: MHCBOR
Mls ID: #117484