84 N Main StMount OlivetKY41064
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mount Olivet at 84 N Main St, Mount Olivet, KY, 41064 priced at $104,000 converts $830/mo rent into $197/mo cash flow after a $509/mo obligation. Total monthly income equals $830/mo, and annual cash flow totals $2,365/yr on $34,476 invested. Return on cash invested prints 26.77% in year one, and rental yield reads 9.58% against a $104,000 entry. Equity gained on principal adds $671/yr, while 5% annual appreciation compiles into $28,733 by year five. Five-year ROI reaches 139.61% and total cumulative return in cash sums $48,132. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $830/mo property income covering a $509/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41064, Mount Olivet, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 979 (100%) |
| Owner Occupied HU | 669 (68.3%) |
| Renter Occupied HU | 169 (17.3%) |
| Vacant Housing Units | 141 (14.4%) |
| Median Home Value | $205,469 |
| Average Home Value | $261,484 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
729
Multi-Family
0
Businesses
48
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Nearby investment properties with comparable prices
Listed by: Scott Evans • Re/Max United Associates
Mls Name: NKMLS
Mls Provider:
Mls ID: #630761
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