768 Neave Milford 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 768 Neave Milford Rd, Falmouth, KY, 41040 offers $1,140/mo rent that, after a $857/mo payment, leaves $74/mo cash flow. Total monthly income is $1,140/mo, and annual cash flow is $894/yr on $58,013 cash. Return on cash invested measures 21.45% in year one, and rental yield stands at 7.82% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 111.01% and total cumulative return in cash reaches $64,399. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
7.38 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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