691 Locust RdMiltonKY40045
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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 Milton at 691 Locust Rd, Milton, KY, 40045 with 5% annual appreciation on a $950,000 basis while $3,055/mo rent supports operations. 59% in year one. Equity gained on principal adds $6,130/yr, and five-year appreciation sums $262,467 alongside rental yield of 3.86%. Five-year ROI measures 47.33% and total cumulative return in cash totals $147,938. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,055/mo property income versus a $4,650/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40045, Milton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,526 (100%) |
| Owner Occupied HU | 963 (63.1%) |
| Renter Occupied HU | 316 (20.7%) |
| Vacant Housing Units | 247 (16.2%) |
| Median Home Value | $233,553 |
| Average Home Value | $296,869 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,334
Multi-Family
18
Businesses
61
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