118 Harrison AveMonticelloKY42633
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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 Monticello at 118 Harrison Ave, Monticello, KY, 42633 priced at $229,900 pairs $2,269/mo rent with $870/mo cash flow after a $1,125/mo payment. Total monthly income equals $2,269/mo, and annual cash flow comes to $10,440/yr on $76,212 invested. Return on cash invested is 33.61% in year one, and rental yield stands at 11.84% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 176.24% and total cumulative return in cash reaches $134,315. For financing, Ziffy Mortgage’s DSCR program evaluates $2,269/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.60 Acres lot
$N/A/sqft
No HOA
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Listed by: Matthew Fouch • Keller Williams Commonwealth - Somerset
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25507917
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.