843 Nevin LnFishervilleKY40023
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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 Fisherville at 843 Nevin Ln, Fisherville, KY, 40023 priced at $659,000 converts $3,529/mo rent into after a $3,225/mo obligation. Total monthly income equals $3,529/mo. Return on cash invested prints 17.4% in year one, and rental yield reads 6.43% against a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation compiles into $182,070 by year five. Five-year ROI reaches 89.2% and total cumulative return in cash sums $193,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,529/mo property income covering a $3,225/mo payment, not borrower’s personal income.
Single Family
Built in 2008
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40023, Fisherville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 2,171 (91.5%) |
| Renter Occupied HU | 101 ( 4.3%) |
| Vacant Housing Units | 100 ( 4.2%) |
| Median Home Value | $444,737 |
| Average Home Value | $483,057 |
Housing Distribution
Address Breakdown
Residential
2,442
Single Family
2,442
Multi-Family
0
Businesses
85
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Listed by: Steve Ullum • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1708170