758 Turner Ridge RdFalmouthKY41040
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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
Rental property for sale in Falmouth at 758 Turner Ridge Rd, Falmouth, KY, 41040 priced at $649,000 converts $1,140/mo rent into after a $3,177/mo obligation. Total monthly income equals $1,140/mo. Return on cash invested prints 4.27% in year one, and rental yield reads 2.11% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 18.79% and total cumulative return in cash sums $40,116. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,140/mo property income covering a $3,177/mo payment, not borrower’s personal income.
Single Family
Built in 1993
5.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41040, Falmouth, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 2,111 (62.6%) |
| Renter Occupied HU | 808 (24.0%) |
| Vacant Housing Units | 451 (13.4%) |
| Median Home Value | $155,611 |
| Average Home Value | $176,611 |
Housing Distribution
Address Breakdown
Residential
3,082
Single Family
3,012
Multi-Family
70
Businesses
221
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