990 State Route 1124FarmingtonKY42040
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 Farmington at 990 State Route 1124, Farmington, KY, 42040 earns $839/mo cash flow from $3,146/mo rent with a $1,855/mo payment. Total monthly income totals $3,146/mo, and annual cash flow totals $10,072/yr on $125,639 capital. ROI tracks 27.93% on current figures, and rental yield reads 9.96% at a $379,000 purchase. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 over five years. Five-year ROI reaches 145.71% and total cumulative return in cash sums $183,071. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,146/mo property income instead of your personal income.
Single Family
Built in N/A
3.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janette DeWitt • Kopperud Realty
Mls Name: WKRMLS
Mls ID: #135216