74 Wayne StSmiths GroveKY42171
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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 Smiths Grove at 74 Wayne St, Smiths Grove, KY, 42171 earns $465/mo cash flow from $2,034/mo rent with a $1,262/mo payment. Total monthly income totals $2,034/mo, and annual cash flow totals $5,576/yr on $85,494 capital. ROI tracks 26.43% on current figures, and rental yield reads 9.46% at a $257,900 purchase. Equity gained on principal adds $1,664/yr, and 5% annual appreciation supports $71,253 over five years. Five-year ROI reaches 137.69% and total cumulative return in cash sums $117,714. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,034/mo property income instead of your personal income.
Single Family
Built in 2022
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42171, Smiths Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,094 (100%) |
| Owner Occupied HU | 2,335 (75.5%) |
| Renter Occupied HU | 502 (16.2%) |
| Vacant Housing Units | 257 ( 8.3%) |
| Median Home Value | $248,910 |
| Average Home Value | $256,677 |
Housing Distribution
Address Breakdown
Residential
3,140
Single Family
3,140
Multi-Family
0
Businesses
102
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Listed by: Jason Mills • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20245425
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.