712 Princeton StProvidenceKY42450
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 712 Princeton St, Providence, KY, 42450 in Providence is capital appreciation. Rental yield 0%. The 0% gross yield at $169,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $46,940 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Providence market data in our database. Property projections are estimates.
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42450, Providence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,137 (60.1%) |
| Renter Occupied HU | 452 (23.9%) |
| Vacant Housing Units | 304 (16.1%) |
| Median Home Value | $75,879 |
| Average Home Value | $135,204 |
Housing Distribution
Address Breakdown
Residential
1,806
Single Family
1,780
Multi-Family
26
Businesses
143
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No similar rental properties found nearby.
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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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Cindy Mckenzie • Coldwell Banker Complete Realty
Mls Name: MHCBOR
Mls ID: #117479
