70B Switchgrass Ln #70BMount WashingtonKY40047
Nearby investment properties with comparable rents
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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 Mount Washington at 70B Switchgrass Ln #70B, Mount Washington, KY, 40047 listed at $327,480 pairs $1,559/mo rent with a $1,603/mo payment. Total monthly income runs $1,559/mo. Return on cash invested measures 12.49% in year one, and rental yield registers 5.71% at a $327,480 basis. Equity gained on principal adds $2,113/yr, and annual property appreciation at 5% supports $90,477 by year five. Five-year ROI tracks 63.92% and total cumulative return in cash totals $69,395. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,559/mo property income relative to a $1,603/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
5,662 sqft lot
$N/A/sqft
$2,840 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40047, Mount Washington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,602 (100%) |
| Owner Occupied HU | 8,016 (83.5%) |
| Renter Occupied HU | 1,346 (14.0%) |
| Vacant Housing Units | 240 ( 2.5%) |
| Median Home Value | $307,108 |
| Average Home Value | $347,621 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
9,574
Multi-Family
162
Businesses
497
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Listed by: Al A Hencheck • HMS Real Estate
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1690254
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