103 W McReynolds St #AElktonKY42220
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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
Rental property for sale in Elkton at 103 W McReynolds St #A, Elkton, KY, 42220 priced at $159,900 pairs $1,229/mo rent with $255/mo cash flow after a $783/mo payment. Total monthly income equals $1,229/mo, and annual cash flow comes to $3,065/yr on $53,007 invested. Return on cash invested is 25.69% in year one, and rental yield stands at 9.22% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 133.78% and total cumulative return in cash reaches $70,914. For financing, Ziffy Mortgage’s DSCR program evaluates $1,229/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42220, Elkton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,784 (100%) |
| Owner Occupied HU | 1,850 (66.5%) |
| Renter Occupied HU | 593 (21.3%) |
| Vacant Housing Units | 341 (12.2%) |
| Median Home Value | $171,525 |
| Average Home Value | $183,912 |
Housing Distribution
Address Breakdown
Residential
2,547
Single Family
2,547
Multi-Family
0
Businesses
194
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