7208 Beachland Beach RdProspectKY40059
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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 Prospect at 7208 Beachland Beach Rd, Prospect, KY, 40059 uses $104,144 cash to close to unlock $8,342/yr annual cash flow and $695/mo monthly cash flow. Total monthly income runs $2,620/mo, and a $1,538/mo payment keeps the spread at $695/mo. Purchase price stands at $314,159, and rental yield measures 10.01% with $2,620/mo rent. Return on cash invested shows 27.92% in year one, and 5% annual appreciation builds toward $86,796 over five years. Five-year ROI reaches 145.77% and total cumulative return in cash records $151,805. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,620/mo property income covering a $1,538/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.40 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40059, Prospect, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,660 (100%) |
| Owner Occupied HU | 6,922 (79.9%) |
| Renter Occupied HU | 1,111 (12.8%) |
| Vacant Housing Units | 627 ( 7.2%) |
| Median Home Value | $575,166 |
| Average Home Value | $626,621 |
Housing Distribution
Address Breakdown
Residential
8,880
Single Family
7,686
Multi-Family
1,194
Businesses
581
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Listed by: Andy Mitri • EXP Realty LLC
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1688639
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