94 Hobbs StArlingtonKY42021
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
Rental property for sale in Arlington at 94 Hobbs St, Arlington, KY, 42021 priced at $189,000 pairs $1,814/mo rent with $664/mo cash flow after a $925/mo payment. Total monthly income equals $1,814/mo, and annual cash flow comes to $7,965/yr on $62,654 invested. Return on cash invested is 32.62% in year one, and rental yield stands at 11.52% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 170.88% and total cumulative return in cash reaches $107,062. For financing, Ziffy Mortgage’s DSCR program evaluates $1,814/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42021, Arlington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 726 (100%) |
| Owner Occupied HU | 496 (68.3%) |
| Renter Occupied HU | 130 (17.9%) |
| Vacant Housing Units | 100 (13.8%) |
| Median Home Value | $129,167 |
| Average Home Value | $202,520 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
28
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