1305 W Reservoir AveCentral CityKY42330
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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 Central City at 1305 W Reservoir Ave, Central City, KY, 42330 generates $1,162/mo in rent and, after a $710/mo payment, leaves $279/mo in cash flow. Total monthly income is $1,162/mo, and annual cash flow is $3,351/yr on $48,068 invested. Return on cash invested sits at 26.88% in year one, and rental yield is 9.62% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 140.17% and total cumulative return in cash sums $67,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,162/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42330, Central City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,988 (100%) |
| Owner Occupied HU | 2,487 (62.4%) |
| Renter Occupied HU | 1,072 (26.9%) |
| Vacant Housing Units | 429 (10.8%) |
| Median Home Value | $141,516 |
| Average Home Value | $184,295 |
Housing Distribution
Address Breakdown
Residential
3,680
Single Family
3,641
Multi-Family
39
Businesses
323
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Listed by: Misty D Avery • Eaves Realty Auc-KW 1st Choice
Mls Name: RASK
Mls ID: #RA20257109