123 El Camino Real DrCadizKY42211
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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 Cadiz at 123 El Camino Real Dr, Cadiz, KY, 42211 priced at $185,000 converts $1,702/mo rent into $577/mo cash flow after a $905/mo obligation. Total monthly income equals $1,702/mo, and annual cash flow totals $6,918/yr on $61,328 invested. Return on cash invested prints 31.19% in year one, and rental yield reads 11.04% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 163.23% and total cumulative return in cash sums $100,107. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,702/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42211, Cadiz, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,329 (100%) |
| Owner Occupied HU | 4,464 (60.9%) |
| Renter Occupied HU | 1,113 (15.2%) |
| Vacant Housing Units | 1,752 (23.9%) |
| Median Home Value | $216,968 |
| Average Home Value | $270,742 |
Housing Distribution
Address Breakdown
Residential
5,796
Single Family
5,760
Multi-Family
36
Businesses
358
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