920 Cobble DrRichmondKY40475
Nearby investment properties with comparable rents
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 Richmond at 920 Cobble Dr, Richmond, KY, 40475 earns $717/mo cash flow from $3,314/mo rent with a $2,080/mo payment. Total monthly income totals $3,314/mo, and annual cash flow totals $8,602/yr on $140,854 capital. ROI tracks 26.02% on current figures, and rental yield reads 9.36% at a $424,900 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 over five years. Five-year ROI reaches 135.48% and total cumulative return in cash sums $190,833. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,314/mo property income instead of your personal income.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
$130 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40475, Richmond, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,247 (100%) |
| Owner Occupied HU | 15,772 (53.9%) |
| Renter Occupied HU | 11,180 (38.2%) |
| Vacant Housing Units | 2,295 ( 7.8%) |
| Median Home Value | $284,131 |
| Average Home Value | $320,088 |
Housing Distribution
Address Breakdown
Residential
28,136
Single Family
26,632
Multi-Family
1,504
Businesses
1,528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Tolson • Lifstyl Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012886
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.