121 Shinbone DrMonticelloKY42633
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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 121 Shinbone Dr, Monticello, KY, 42633 generates $941/mo in rent and, after a $685/mo payment, leaves $89/mo in cash flow. Total monthly income is $941/mo, and annual cash flow is $1,070/yr on $46,410 invested. Return on cash invested sits at 22.21% in year one, and rental yield is 8.07% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 115.16% and total cumulative return in cash sums $53,446. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $941/mo property income rather than buyer’s personal income.
Manufactured
Built in 1987
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Karen Scalf • Weichert Realtors Ford Brothers, Inc.
Mls Name: Imagine MLS
Mls ID: #25503070