890 Spring Shores LnHardinsburgKY40119
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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
Total monthly income runs $1,526/mo, and a $1,517/mo payment. Purchase price stands at $310,000, and rental yield measures 5.91% with $1,526/mo rent. Return on cash invested shows 15.7% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 80.15% and total cumulative return in cash records $82,363. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,526/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40119, Falls Of Rough, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 783 (43.6%) |
| Renter Occupied HU | 115 ( 6.4%) |
| Vacant Housing Units | 896 (49.9%) |
| Median Home Value | $170,997 |
| Average Home Value | $191,734 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,311
Multi-Family
0
Businesses
40
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Listed by: Dottie Watson • REAL DEAL REALTY LLC
Mls Name: HKMLS
Mls ID: #HK25003686