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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Carrollton at 14 Robert St, Carrollton, KY, 41008 priced at $199,000 converts $1,440/mo rent into $229/mo cash flow after a $974/mo obligation. Total monthly income equals $1,440/mo, and annual cash flow totals $2,746/yr on $65,969 invested. Return on cash invested prints 24.07% in year one, and rental yield reads 8.68% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 125.03% and total cumulative return in cash sums $82,482. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $974/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41008, Carrollton, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,272 (100%) |
| Owner Occupied HU | 1,716 (52.4%) |
| Renter Occupied HU | 1,221 (37.3%) |
| Vacant Housing Units | 335 (10.2%) |
| Median Home Value | $172,917 |
| Average Home Value | $209,486 |
Residential
3,035
Single Family
2,989
Multi-Family
46
Businesses
354
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: John Ashcraft • Ashcraft Real Estate Services
Mls Name: NKMLS
Mls ID: #635203
