924 McCloud DrWorthingtonKY41183
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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 Worthington at 924 McCloud Dr, Worthington, KY, 41183 offers a 9.08% rental yield on a $169,900 purchase with $1,286/mo rent. Total monthly income registers $1,286/mo, and a $832/mo payment leaves $252/mo available for distribution. Annual cash flow reaches $3,018/yr on $56,322 to close, and return on cash invested stands at 25.27% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 131.5% and total cumulative return in cash at $74,066. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,286/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41183, Worthington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 458 (65.5%) |
| Renter Occupied HU | 163 (23.3%) |
| Vacant Housing Units | 78 (11.2%) |
| Median Home Value | $104,750 |
| Average Home Value | $127,609 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
24
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Listed by: Chelsea Thomas • Thomas Realty Company
Mls Name: AABR
Mls ID: #59415