810 Charlene DrVine GroveKY40175
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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 Vine Grove at 810 Charlene Dr, Vine Grove, KY, 40175 offers a 8.36% rental yield on a $199,900 purchase with $1,393/mo rent. Total monthly income registers $1,393/mo, and a $978/mo payment leaves $177/mo available for distribution. Annual cash flow reaches $2,121/yr on $66,267 to close, and return on cash invested stands at 23.11% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 119.86% and total cumulative return in cash at $79,429. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,393/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40175, Vine Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 4,713 (71.0%) |
| Renter Occupied HU | 1,418 (21.4%) |
| Vacant Housing Units | 506 ( 7.6%) |
| Median Home Value | $257,249 |
| Average Home Value | $269,255 |
Housing Distribution
Address Breakdown
Residential
6,160
Single Family
6,160
Multi-Family
0
Businesses
170
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Listed by: Amy Cottrell • Bluegrass Realty Pros, Inc
Mls Name: GLARMLS
Mls ID: #1698679