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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1173 Martin Rd, Carrollton, KY, 41008 offers $2,089/mo rent that, after a $1,380/mo payment, leaves $373/mo cash flow. Total monthly income is $2,089/mo, and annual cash flow is $4,475/yr on $93,483 cash. Return on cash invested measures 24.7% in year one, and rental yield stands at 8.89% at a $282,000 entry. Equity gained on principal adds $1,820/yr while 5% annual appreciation compounds into $77,911 by year five. Five-year ROI records 128.37% and total cumulative return in cash reaches $120,001. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,089/mo property income versus a $1,380/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.33 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 |
|---|---|---|
| 2025-07-07 | Sold | $282,000 |
| 2025-05-30 | Pending sale | $289,000 |
| 2025-05-06 | Price change | $289,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-09-30 | $1018.23 | -0.56% | $134,000 | N/A |
| 2020-09-30 | $1023.96 | 0.84% | $134,000 | N/A |
| 2019-09-30 | $1015.41 | 0.05% | $134,000 | N/A |
Listed by: Chris D Hembree • Realty ONE Group River Valley
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1683207
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