7971 New Glasgow 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 7971 New Glasgow Rd, Scottsville, KY, 42164 uses $128,058 cash to close to unlock $6,032/yr annual cash flow and $503/mo monthly cash flow. Total monthly income runs $2,854/mo, and a $1,891/mo payment keeps the spread at $503/mo. Purchase price stands at $386,300, and rental yield measures 8.87% with $2,854/mo rent. Return on cash invested shows 24.62% in year one, and 5% annual appreciation builds toward $106,728 over five years. Five-year ROI reaches 127.97% and total cumulative return in cash records $163,871. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,854/mo property income covering a $1,891/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A 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: N/A • N/A
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