679 McLain RdSpringfieldKY40069
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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 Springfield at 679 McLain Rd, Springfield, KY, 40069 at $254,700 posts ROI 20.07% with $11/mo cash flow from $1,562/mo rent. Total monthly income equals $1,562/mo, and annual cash flow records $138/yr on $84,433 to close. Return on cash invested measures 20.07% and rental yield reads 7.36% at the current $254,700. Equity gained on principal adds $1,644/yr, and 5% annual appreciation supports $70,369 by year five. Five-year ROI prints 103.61% and total cumulative return in cash totals $87,477.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,562/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in N/A
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40069, Springfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,823 (100%) |
| Owner Occupied HU | 2,631 (68.8%) |
| Renter Occupied HU | 838 (21.9%) |
| Vacant Housing Units | 354 ( 9.3%) |
| Median Home Value | $216,758 |
| Average Home Value | $284,181 |
Housing Distribution
Address Breakdown
Residential
3,704
Single Family
3,693
Multi-Family
11
Businesses
278
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Nearby investment properties with comparable prices
Listed by: Tina Clay • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007867
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.