704 Ashley CtMt SterlingKY40353
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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 Mt Sterling at 704 Ashley Ct, Mt Sterling, KY, 40353 earns $75/mo cash flow from $2,138/mo rent with a $1,659/mo payment. Total monthly income totals $2,138/mo, and annual cash flow totals $900/yr on $112,379 capital. ROI tracks 20.71% on current figures, and rental yield reads 7.57% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 107.03% and total cumulative return in cash sums $120,280. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,138/mo property income instead of your personal income.
Single Family
Built in 2007
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40353, Mount Sterling, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,961 (59.5%) |
| Renter Occupied HU | 3,264 (32.6%) |
| Vacant Housing Units | 791 ( 7.9%) |
| Median Home Value | $190,101 |
| Average Home Value | $242,793 |
Housing Distribution
Address Breakdown
Residential
9,390
Single Family
9,202
Multi-Family
188
Businesses
890
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Listed by: Devin Ramsey • Berkshire Hathaway Homeservices Foster Realtors
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006800
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.