1306 Fleming DrElizabethtownKY42701
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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 Elizabethtown at 1306 Fleming Dr, Elizabethtown, KY, 42701 generates $2,232/mo in rent and, after a $1,541/mo payment, leaves $316/mo in cash flow. Total monthly income is $2,232/mo, and annual cash flow is $3,789/yr on $104,389 invested. Return on cash invested sits at 23.54% in year one, and rental yield is 8.51% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 122.17% and total cumulative return in cash sums $127,534. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,232/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42701, Elizabethtown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,939 (100%) |
| Owner Occupied HU | 14,459 (58.0%) |
| Renter Occupied HU | 8,441 (33.8%) |
| Vacant Housing Units | 2,039 ( 8.2%) |
| Median Home Value | $285,806 |
| Average Home Value | $315,613 |
Housing Distribution
Address Breakdown
Residential
23,162
Single Family
22,694
Multi-Family
468
Businesses
1,879
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Listed by: Martin Shuck • MLSCO Realty
Mls Name: HKMLS
Mls ID: #HK25004716