6719 Gunston LnProspectKY40059
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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
Rental property for sale in Prospect at 6719 Gunston Ln, Prospect, KY, 40059 generates $1,870/mo in rent and, after a $787/mo payment, leaves $891/mo in cash flow. Total monthly income is $1,870/mo, and annual cash flow is $10,697/yr on $53,305 invested. Return on cash invested sits at 39.98% in year one, and rental yield is 13.96% on a $160,800 entry. Equity gained on principal adds $1,038/yr, while 5% annual appreciation builds toward $44,426 over five years. Five-year ROI reaches 210.35% and total cumulative return in cash sums $112,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,870/mo property income rather than buyer’s personal income.
Apartment
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40059, Prospect, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,660 (100%) |
| Owner Occupied HU | 6,922 (79.9%) |
| Renter Occupied HU | 1,111 (12.8%) |
| Vacant Housing Units | 627 ( 7.2%) |
| Median Home Value | $575,166 |
| Average Home Value | $626,621 |
Housing Distribution
Address Breakdown
Residential
8,880
Single Family
7,686
Multi-Family
1,194
Businesses
581
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