6405 Holy Cross RdLorettoKY40037
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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 Loretto at 6405 Holy Cross Rd, Loretto, KY, 40037 uses $66,267 cash to close to unlock $4,857/yr annual cash flow and $405/mo monthly cash flow. Total monthly income runs $1,621/mo, and a $978/mo payment keeps the spread at $405/mo. Purchase price stands at $199,900, and rental yield measures 9.73% with $1,621/mo rent. Return on cash invested shows 27.24% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 142.01% and total cumulative return in cash records $94,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,621/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40037, Loretto, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,105 (100%) |
| Owner Occupied HU | 858 (77.6%) |
| Renter Occupied HU | 174 (15.7%) |
| Vacant Housing Units | 73 ( 6.6%) |
| Median Home Value | $222,692 |
| Average Home Value | $252,296 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
28
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