824 Patriots Landing 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 824 Patriots Landing Ln, Falls Of Rough, KY, 40119 priced at $899,000 pairs $3,068/mo rent with after a $4,400/mo payment. Total monthly income equals $3,068/mo. Return on cash invested is 10.31% in year one, and rental yield stands at 4.1% on a $899,000 basis. Equity gained on principal adds $5,801/yr, and 5% annual appreciation accumulates to $248,377 by year five. Five-year ROI measures 51.2% and total cumulative return in cash reaches $151,426. For financing, Ziffy Mortgage’s DSCR program evaluates $3,068/mo property income against a $4,400/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2016
0.73 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: Catherine Corbett • GREATER ROUGH RIVER REALTY GROUP
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92131
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.