769 Spring Shores LnFalls Of RoughKY40119
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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 Falls Of Rough at 769 Spring Shores Ln, Falls Of Rough, KY, 40119 priced at $310,000 pairs $2,008/mo rent with $122/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,008/mo, and annual cash flow comes to $1,459/yr on $102,765 invested. Return on cash invested is 21.33% in year one, and rental yield stands at 7.77% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 110.32% and total cumulative return in cash reaches $113,371. For financing, Ziffy Mortgage’s DSCR program evaluates $2,008/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40119, Falls Of Rough, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 783 (43.6%) |
| Renter Occupied HU | 115 ( 6.4%) |
| Vacant Housing Units | 896 (49.9%) |
| Median Home Value | $170,997 |
| Average Home Value | $191,734 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,311
Multi-Family
0
Businesses
40
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Listed by: Dottie Watson • REAL DEAL REALTY LLC
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24001515
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.