89 S Main StMount OlivetKY41064
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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 Mount Olivet at 89 S Main St, Mount Olivet, KY, 41064 listed at $152,500 pairs $1,451/mo rent with a $746/mo payment to leave $523/mo cash flow. Total monthly income runs $1,451/mo, and annual cash flow reaches $6,279/yr on $50,554 cash to close. Return on cash invested measures 32.33% in year one, and rental yield registers 11.42% at a $152,500 basis. Equity gained on principal adds $984/yr, and annual property appreciation at 5% supports $42,133 by year five. Five-year ROI tracks 169.39% and total cumulative return in cash totals $85,631. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,451/mo property income relative to a $746/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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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Listed by: Shannon Allison • Allison Realty & Auction Group
Mls Name: Imagine MLS
Mls ID: #25508625