1000 City Lake RdCaneyvilleKY42721
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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 $1,194/mo, and a $1,170/mo payment. Purchase price stands at $239,000, and rental yield measures 5.99% with $1,194/mo rent. Return on cash invested shows 15.96% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 81.58% and total cumulative return in cash records $64,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 2019
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42721, Caneyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,702 (100%) |
| Owner Occupied HU | 1,154 (67.8%) |
| Renter Occupied HU | 295 (17.3%) |
| Vacant Housing Units | 253 (14.9%) |
| Median Home Value | $172,951 |
| Average Home Value | $244,270 |
Housing Distribution
Address Breakdown
Residential
1,554
Single Family
1,554
Multi-Family
0
Businesses
61
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Listed by: Kim L Jarboe • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1701254