124 Catalpa CtLondonKY40744
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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
Investment property for sale in London at 124 Catalpa Ct, London, KY, 40744 with 5% annual appreciation on a $259,000 basis while $2,429/mo rent supports operations. Total monthly income totals $2,429/mo and a $1,268/mo payment preserves $852/mo for cash returns. Annual cash flow comes to $10,228/yr on $85,859 deployed, and return on cash invested reaches 31.82% in year one. Equity gained on principal adds $1,671/yr, and five-year appreciation sums $71,557 alongside rental yield of 11.25%. Five-year ROI measures 166.62% and total cumulative return in cash totals $143,056.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,429/mo property income versus a $1,268/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40744, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,192 (100%) |
| Owner Occupied HU | 5,614 (68.5%) |
| Renter Occupied HU | 1,960 (23.9%) |
| Vacant Housing Units | 618 ( 7.5%) |
| Median Home Value | $171,588 |
| Average Home Value | $215,546 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,870
Multi-Family
173
Businesses
255
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Listed by: Chris McHargue • Huddleston Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25507011
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.