928 Vanhooser RdGrand RiversKY42045
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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 Grand Rivers at 928 Vanhooser Rd, Grand Rivers, KY, 42045 with 5% annual appreciation on a $190,500 basis while $1,310/mo rent supports operations. Total monthly income totals $1,310/mo and a $932/mo payment preserves $151/mo for cash returns. Annual cash flow comes to $1,812/yr on $63,151 deployed, and return on cash invested reaches 22.78% in year one. Equity gained on principal adds $1,229/yr, and five-year appreciation sums $52,632 alongside rental yield of 8.25%. Five-year ROI measures 118.06% and total cumulative return in cash totals $74,557.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,310/mo property income versus a $932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1988
9.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42045, Grand Rivers, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,259 (100%) |
| Owner Occupied HU | 784 (62.3%) |
| Renter Occupied HU | 192 (15.3%) |
| Vacant Housing Units | 283 (22.5%) |
| Median Home Value | $122,965 |
| Average Home Value | $185,517 |
Housing Distribution
Address Breakdown
Residential
1,053
Single Family
1,053
Multi-Family
0
Businesses
98
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Listed by: Cynthia Akins • RE/MAX Real Estate Associates
Mls Name: WKRMLS
Mls ID: #134015