617 Joyce AveGreenvilleKY42345
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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 Greenville at 617 Joyce Ave, Greenville, KY, 42345 uses $49,692 cash to close to unlock $12,904/yr annual cash flow and $1,075/mo monthly cash flow. Total monthly income runs $1,988/mo, and a $734/mo payment keeps the spread at $1,075/mo. Purchase price stands at $149,900, and rental yield measures 15.91% with $1,988/mo rent. Return on cash invested shows 45.88% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 242.04% and total cumulative return in cash records $120,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,988/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42345, Greenville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,924 (100%) |
| Owner Occupied HU | 3,379 (68.6%) |
| Renter Occupied HU | 1,019 (20.7%) |
| Vacant Housing Units | 526 (10.7%) |
| Median Home Value | $155,511 |
| Average Home Value | $185,459 |
Housing Distribution
Address Breakdown
Residential
4,644
Single Family
4,620
Multi-Family
24
Businesses
309
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Listed by: Rebecca Hall • Eaves Realty Auc-KW 1st Choice
Mls Name: RASK
Mls Provider:
Mls ID: #RA20244190
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.