6471 Highway 401GarfieldKY40140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Garfield at 6471 Highway 401, Garfield, KY, 40140 offers a 10.98% rental yield on a $199,999 purchase with $1,830/mo rent. Total monthly income registers $1,830/mo, and a $979/mo payment leaves $613/mo available for distribution. Annual cash flow reaches $7,352/yr on $66,300 to close, and return on cash invested stands at 31% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 162.18% and total cumulative return in cash at $107,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,830/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40140, Garfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 306 (100%) |
| Owner Occupied HU | 229 (74.8%) |
| Renter Occupied HU | 40 (13.1%) |
| Vacant Housing Units | 37 (12.1%) |
| Median Home Value | $168,452 |
| Average Home Value | $202,500 |
Housing Distribution
Address Breakdown
Residential
344
Single Family
344
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices