60 Circle StLondonKY40744
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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 London at 60 Circle St, London, KY, 40744 with 5% annual appreciation on a $169,000 basis while $1,446/mo rent supports operations. Total monthly income totals $1,446/mo and a $827/mo payment preserves $418/mo for cash returns. Annual cash flow comes to $5,011/yr on $56,024 deployed, and return on cash invested reaches 28.85% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,692 alongside rental yield of 10.27%. Five-year ROI measures 150.7% and total cumulative return in cash totals $84,427.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,446/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40744, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,192 (100%) |
| Owner Occupied HU | 5,614 (68.5%) |
| Renter Occupied HU | 1,960 (23.9%) |
| Vacant Housing Units | 618 ( 7.5%) |
| Median Home Value | $171,588 |
| Average Home Value | $215,546 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,870
Multi-Family
173
Businesses
255
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Listed by: Donald Sauer • Re/Max Laketime Realty London
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25008357
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.