








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Carrollton at 115 Delaware Way, Carrollton, KY, 41008 priced at $204,900 converts $2,027/mo rent into $780/mo cash flow after a $1,003/mo obligation. Total monthly income equals $2,027/mo, and annual cash flow totals $9,358/yr on $67,924 invested. Return on cash invested prints 33.69% in year one, and rental yield reads 11.87% against a $204,900 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation compiles into $56,610 by year five. Five-year ROI reaches 176.58% and total cumulative return in cash sums $119,938. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,027/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41008, Carrollton, KY area.
| 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 |
Residential
3,035
Single Family
2,989
Multi-Family
46
Businesses
354
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Listed for sale | $204,900 |
| 2004-10-05 | Sold | $213,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-02-20 | $2303.13 | 0.84% | $213,000 | N/A |
| 2019-02-20 | $2283.87 | 1.85% | $213,000 | N/A |
| 2018-02-20 | $2242.40 | N/A | $213,000 | N/A |



Listed by: Sherry L Bennett-Webb • Bennett-Webb Realty
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1679055
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