9833 State Route 121 NFarmingtonKY42040
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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
Total monthly income runs $847/mo, and a $1,218/mo payment. Purchase price stands at $248,900, and rental yield measures 4.08% with $847/mo rent. Return on cash invested shows 10.2% in year one, and 5% annual appreciation builds toward $68,766 over five years. Five-year ROI reaches 50.67% and total cumulative return in cash records $41,809. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $847/mo property income covering a $1,218/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42040, Farmington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 502 (100%) |
| Owner Occupied HU | 351 (69.9%) |
| Renter Occupied HU | 113 (22.5%) |
| Vacant Housing Units | 38 ( 7.6%) |
| Median Home Value | $191,518 |
| Average Home Value | $237,393 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
485
Multi-Family
1
Businesses
17
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Listed by: Aleshia Banks • Elite Realty Branch Murray
Mls Name: WKRMLS
Mls ID: #132655
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