888 Mudlick RdSalt LickKY40371
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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 Salt Lick at 888 Mudlick Rd, Salt Lick, KY, 40371 offers a 5.31% rental yield on a $199,900 purchase with $884/mo rent. 89% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 70.44% and total cumulative return in cash at $46,681. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $884/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40371, Salt Lick, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,269 (100%) |
| Owner Occupied HU | 812 (64.0%) |
| Renter Occupied HU | 281 (22.1%) |
| Vacant Housing Units | 176 (13.9%) |
| Median Home Value | $125,000 |
| Average Home Value | $147,321 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
37
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Listed by: Jody L Moore • Rector Hayden Realtors
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005723
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.