75 Forest Springs RdScottsvilleKY42164
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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 Scottsville at 75 Forest Springs Rd, Scottsville, KY, 42164 with 5% annual appreciation on a $225,000 basis while $1,964/mo rent supports operations. Total monthly income totals $1,964/mo and a $1,101/mo payment preserves $595/mo for cash returns. Annual cash flow comes to $7,138/yr on $74,588 deployed, and return on cash invested reaches 29.48% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 10.47%. Five-year ROI measures 154.04% and total cumulative return in cash totals $114,897.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,964/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42164, Scottsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,916 (100%) |
| Owner Occupied HU | 5,203 (65.7%) |
| Renter Occupied HU | 1,790 (22.6%) |
| Vacant Housing Units | 923 (11.7%) |
| Median Home Value | $195,519 |
| Average Home Value | $231,449 |
Housing Distribution
Address Breakdown
Residential
7,696
Single Family
7,695
Multi-Family
1
Businesses
446
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Nearby investment properties with comparable prices
Listed by: Nickie Welch • Mills Real Estate & Auction
Mls Name: RASK
Mls ID: #RA20257084