855 Pleasant Grove LoopManchesterKY40962
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 Manchester at 855 Pleasant Grove Loop, Manchester, KY, 40962 priced at $202,000 pairs $1,426/mo rent with $196/mo cash flow after a $989/mo payment. Total monthly income equals $1,426/mo, and annual cash flow comes to $2,355/yr on $66,963 invested. Return on cash invested is 23.43% in year one, and rental yield stands at 8.47% on a $202,000 basis. Equity gained on principal adds $1,303/yr, and 5% annual appreciation accumulates to $55,809 by year five. Five-year ROI measures 121.63% and total cumulative return in cash reaches $81,444. For financing, Ziffy Mortgage’s DSCR program evaluates $1,426/mo property income against a $989/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40962, Manchester, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,366 (100%) |
| Owner Occupied HU | 4,757 (64.6%) |
| Renter Occupied HU | 1,874 (25.4%) |
| Vacant Housing Units | 735 ( 10.0%) |
| Median Home Value | $91,071 |
| Average Home Value | $133,329 |
Housing Distribution
Address Breakdown
Residential
7,039
Single Family
6,987
Multi-Family
52
Businesses
479
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Nearby investment properties with comparable prices
Listed by: Joann Baker • lex.unknownoffice
Mls Name: Imagine MLS
Mls ID: #25505809