875 Cedar Grove RdCoxs CreekKY40013
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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 Coxs Creek at 875 Cedar Grove Rd, Coxs Creek, KY, 40013 generates $1,844/mo in rent, after a $1,512/mo payment. Total monthly income is $1,844/mo. Return on cash invested sits at 19.48% in year one, and rental yield is 7.16% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 100.43% and total cumulative return in cash sums $102,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,844/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40013, Coxs Creek, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,640 (100%) |
| Owner Occupied HU | 2,303 (87.2%) |
| Renter Occupied HU | 201 ( 7.6%) |
| Vacant Housing Units | 136 ( 5.2%) |
| Median Home Value | $273,274 |
| Average Home Value | $314,604 |
Housing Distribution
Address Breakdown
Residential
2,546
Single Family
2,546
Multi-Family
0
Businesses
45
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Listed by: Donna L Molyneaux • KY Home Realty
Mls Name: GLARMLS
Mls ID: #1699557