8013 Montero DrProspectKY40059
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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 Prospect at 8013 Montero Dr, Prospect, KY, 40059 at $129,900 posts ROI 26.52% with $237/mo cash flow from $1,028/mo rent. Total monthly income equals $1,028/mo, and annual cash flow records $2,846/yr on $43,062 to close. Return on cash invested measures 26.52% and rental yield reads 9.5% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 138.26% and total cumulative return in cash totals $59,539.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,028/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40059, Prospect, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,660 (100%) |
| Owner Occupied HU | 6,922 (79.9%) |
| Renter Occupied HU | 1,111 (12.8%) |
| Vacant Housing Units | 627 ( 7.2%) |
| Median Home Value | $575,166 |
| Average Home Value | $626,621 |
Housing Distribution
Address Breakdown
Residential
8,880
Single Family
7,686
Multi-Family
1,194
Businesses
581
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Listed by: Joshua Jarboe • RE/MAX Empire
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1680196
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