LOT 30 Walnut Grove DrSmiths GroveKY42171
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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 Smiths Grove at LOT 30 Walnut Grove Dr, Smiths Grove, KY, 42171 offers a 9.11% rental yield on a $267,900 purchase with $2,034/mo rent. Total monthly income registers $2,034/mo, and a $1,311/mo payment leaves $404/mo available for distribution. Annual cash flow reaches $4,845/yr on $88,809 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $1,729/yr while 5% annual appreciation supports $74,016 over five years. Portfolio math shows five-year ROI at 131.96% and total cumulative return in cash at $117,194. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,034/mo property income against a $1,311/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42171, Smiths Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,094 (100%) |
| Owner Occupied HU | 2,335 (75.5%) |
| Renter Occupied HU | 502 (16.2%) |
| Vacant Housing Units | 257 ( 8.3%) |
| Median Home Value | $248,910 |
| Average Home Value | $256,677 |
Housing Distribution
Address Breakdown
Residential
3,140
Single Family
3,140
Multi-Family
0
Businesses
102
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Listed by: Stacey R Fergerson • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20246024
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.