1281 Mint Ridge RdCarlisleKY40311
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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 Carlisle at 1281 Mint Ridge Rd, Carlisle, KY, 40311 generates $1,079/mo in rent, after a $1,052/mo payment. Total monthly income is $1,079/mo. Return on cash invested sits at 16.05% in year one, and rental yield is 6.02% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 82.01% and total cumulative return in cash sums $58,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,079/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
22.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40311, Carlisle, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,252 (100%) |
| Owner Occupied HU | 2,075 (63.8%) |
| Renter Occupied HU | 805 (24.8%) |
| Vacant Housing Units | 372 (11.4%) |
| Median Home Value | $135,547 |
| Average Home Value | $172,790 |
Housing Distribution
Address Breakdown
Residential
2,971
Single Family
2,925
Multi-Family
46
Businesses
135
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Listed by: Michael Kiefer • Riesig Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25016701
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.