605 Lemon Northcutt RdDry RidgeKY41035
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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 Dry Ridge at 605 Lemon Northcutt Rd, Dry Ridge, KY, 41035 earns from $1,298/mo rent with a $1,835/mo payment. Total monthly income totals $1,298/mo. ROI tracks 10.41% on current figures, and rental yield reads 4.15% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 51.79% and total cumulative return in cash sums $64,383. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,298/mo property income instead of your personal income.
Single Family
Built in 1885
5.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41035, Dry Ridge, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,601 (100%) |
| Owner Occupied HU | 3,173 (69.0%) |
| Renter Occupied HU | 1,026 (22.3%) |
| Vacant Housing Units | 402 ( 8.7%) |
| Median Home Value | $226,293 |
| Average Home Value | $247,191 |
Housing Distribution
Address Breakdown
Residential
4,396
Single Family
4,396
Multi-Family
0
Businesses
248
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Listed by: The Vories Team • Keller Williams Realty Services
Mls Name: NKMLS
Mls Provider:
Mls ID: #634396
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