1111 5th StCarrolltonKY41008
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1111 5th St, Carrollton, KY, 41008 in Carrollton hard to pass up. The 10.41% gross yield on a $199,900 purchase results in $1,734/mo in rent and $517/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.93). Annual cash flow of $6,209, five-year appreciation of $55,229, and $1,841/yr in equity build-up combine for a projected total cumulative return of $109,022.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $517 | $800 |
City averages based on Carrollton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,734 |
| Total Monthly Debt Service | $1,137 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41008, Carrollton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,272 (100%) |
| Owner Occupied HU | 1,716 (52.4%) |
| Renter Occupied HU | 1,221 (37.3%) |
| Vacant Housing Units | 335 (10.2%) |
| Median Home Value | $172,917 |
| Average Home Value | $209,486 |
Housing Distribution
Address Breakdown
Residential
3,035
Single Family
2,989
Multi-Family
46
Businesses
354
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
Manufactured
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41008, Carrollton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,272 (100%) |
| Owner Occupied HU | 1,716 (52.4%) |
| Renter Occupied HU | 1,221 (37.3%) |
| Vacant Housing Units | 335 (10.2%) |
| Median Home Value | $172,917 |
| Average Home Value | $209,486 |
Housing Distribution
Address Breakdown
Residential
3,035
Single Family
2,989
Multi-Family
46
Businesses
354
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rick W Rand • Rand Real Estate, Inc.
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1677229
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