74 Delano LnSouth PortsmouthKY41174
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 South Portsmouth at 74 Delano Ln, South Portsmouth, KY, 41174 priced at $155,000 converts $1,321/mo rent into $377/mo cash flow after a $759/mo obligation. Total monthly income equals $1,321/mo, and annual cash flow totals $4,527/yr on $51,383 invested. Return on cash invested prints 28.72% in year one, and rental yield reads 10.23% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 150.03% and total cumulative return in cash sums $77,092. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,321/mo property income covering a $759/mo payment, not borrower’s personal income.
Manufactured
Built in 2005
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41174, South Portsmouth, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 521 (100%) |
| Owner Occupied HU | 357 (68.5%) |
| Renter Occupied HU | 84 (16.1%) |
| Vacant Housing Units | 80 (15.4%) |
| Median Home Value | $130,729 |
| Average Home Value | $159,181 |
Housing Distribution
Address Breakdown
Residential
427
Single Family
427
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sara Yvonne Bentley • Keller Williams Seven Hills
Mls Name: GPABR
Mls ID: #152582
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.