6250 New Hope RdNew HopeKY40052
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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 New Hope at 6250 New Hope Rd, New Hope, KY, 40052 earns from $1,596/mo rent with a $2,080/mo payment. Total monthly income totals $1,596/mo. ROI tracks 11.47% on current figures, and rental yield reads 4.51% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 57.48% and total cumulative return in cash sums $80,981. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,596/mo property income instead of your personal income.
Single Family
Built in 1977
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40052, New Hope, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 293 (100%) |
| Owner Occupied HU | 219 (74.7%) |
| Renter Occupied HU | 42 (14.3%) |
| Vacant Housing Units | 32 (10.9%) |
| Median Home Value | $259,722 |
| Average Home Value | $324,326 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
10
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