603 Stephen StVine GroveKY40175
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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 Vine Grove at 603 Stephen St, Vine Grove, KY, 40175 uses $72,930 cash to close to unlock $5,314/yr annual cash flow and $443/mo monthly cash flow. Total monthly income runs $1,782/mo, and a $1,077/mo payment keeps the spread at $443/mo. Purchase price stands at $219,999, and rental yield measures 9.72% with $1,782/mo rent. Return on cash invested shows 27.2% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 141.78% and total cumulative return in cash records $103,403. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,782/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40175, Vine Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 4,713 (71.0%) |
| Renter Occupied HU | 1,418 (21.4%) |
| Vacant Housing Units | 506 ( 7.6%) |
| Median Home Value | $257,249 |
| Average Home Value | $269,255 |
Housing Distribution
Address Breakdown
Residential
6,160
Single Family
6,160
Multi-Family
0
Businesses
170
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Listed by: Janet Perkins Team • RE/MAX EXECUTIVE GROUP, INC.
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25000931
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.