70 Shipp LnGlendaleKY42740








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 Glendale at 70 Shipp Ln, Glendale, KY, 42740 priced at $265,000 converts $1,985/mo rent into $372/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,985/mo, and annual cash flow totals $4,467/yr on $87,848 invested. Return on cash invested prints 24.99% in year one, and rental yield reads 8.99% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 130.01% and total cumulative return in cash sums $114,207. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,985/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42740, Glendale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 839 (100%) |
| Owner Occupied HU | 644 (76.8%) |
| Renter Occupied HU | 111 (13.2%) |
| Vacant Housing Units | 84 (10.0%) |
| Median Home Value | $339,631 |
| Average Home Value | $375,835 |
Housing Distribution
Address Breakdown
Residential
779
Single Family
779
Multi-Family
0
Businesses
45
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Listed by: Kaleb Voyles • KELLER WILLIAMS HEARTLAND
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25002219
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.








