8375 Danville HwyGravel SwitchKY40328
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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 Gravel Switch at 8375 Danville Hwy, Gravel Switch, KY, 40328 uses $76,245 cash to close to unlock $1,511/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $1,526/mo, and a $1,126/mo payment keeps the spread at $126/mo. Purchase price stands at $230,000, and rental yield measures 7.96% with $1,526/mo rent. Return on cash invested shows 21.89% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 113.33% and total cumulative return in cash records $86,407. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,526/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1987
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40328, Gravel Switch, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 416 (66.8%) |
| Renter Occupied HU | 94 (15.1%) |
| Vacant Housing Units | 113 (18.1%) |
| Median Home Value | $163,776 |
| Average Home Value | $218,137 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
512
Multi-Family
0
Businesses
15
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Listed by: Larry Mccauley • Exit Realty McCauley
Mls Name: NY State MLS
Mls ID: #11317656