827 New Haven RdLorettoKY40037
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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 Loretto at 827 New Haven Rd, Loretto, KY, 40037 priced at $437,000 converts $1,717/mo rent into after a $2,139/mo obligation. Total monthly income equals $1,717/mo. Return on cash invested prints 12.1% in year one, and rental yield reads 4.71% against a $437,000 entry. Equity gained on principal adds $2,820/yr, while 5% annual appreciation compiles into $120,735 by year five. Five-year ROI reaches 60.85% and total cumulative return in cash sums $88,144. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,717/mo property income covering a $2,139/mo payment, not borrower’s personal income.
Single Family
Built in 1959
19.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40037, Loretto, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,105 (100%) |
| Owner Occupied HU | 858 (77.6%) |
| Renter Occupied HU | 174 (15.7%) |
| Vacant Housing Units | 73 ( 6.6%) |
| Median Home Value | $222,692 |
| Average Home Value | $252,296 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
28
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