66 Switchgrass LnMount WashingtonKY40047
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
Rental property for sale in Mount Washington at 66 Switchgrass Ln, Mount Washington, KY, 40047 priced at $338,990 pairs $2,160/mo rent with $55/mo cash flow after a $1,659/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $664/yr on $112,375 invested. Return on cash invested is 20.5% in year one, and rental yield stands at 7.65% on a $338,990 basis. Equity gained on principal adds $2,187/yr, and 5% annual appreciation accumulates to $93,657 by year five. Five-year ROI measures 106.07% and total cumulative return in cash reaches $119,197. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40047, Mount Washington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,602 (100%) |
| Owner Occupied HU | 8,016 (83.5%) |
| Renter Occupied HU | 1,346 (14.0%) |
| Vacant Housing Units | 240 ( 2.5%) |
| Median Home Value | $307,108 |
| Average Home Value | $347,621 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
9,574
Multi-Family
162
Businesses
497
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Listed by: Al A Hencheck • HMS Real Estate
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1669680
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