8920 Danville HwyGravel SwitchKY40328
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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
Investment property for sale in Gravel Switch at 8920 Danville Hwy, Gravel Switch, KY, 40328 offers a 9.38% rental yield on a $259,900 purchase with $2,032/mo rent. Total monthly income registers $2,032/mo, and a $1,272/mo payment leaves $450/mo available for distribution. Annual cash flow reaches $5,403/yr on $86,157 to close, and return on cash invested stands at 26.18% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 136.38% and total cumulative return in cash at $117,502. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,032/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40328, Gravel Switch, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 416 (66.8%) |
| Renter Occupied HU | 94 (15.1%) |
| Vacant Housing Units | 113 (18.1%) |
| Median Home Value | $163,776 |
| Average Home Value | $218,137 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
512
Multi-Family
0
Businesses
15
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Listed by: Charles Lancaster, Jr • The Lancaster Agency Inc
Mls Name: My State MLS
Mls ID: #11601060