140 Eastwood CtIslandKY42350
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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 Island at 140 Eastwood Ct, Island, KY, 42350 generates $1,201/mo in rent and, after a $952/mo payment, leaves $17/mo in cash flow. Total monthly income is $1,201/mo, and annual cash flow is $207/yr on $64,477 invested. Return on cash invested sits at 20.23% in year one, and rental yield is 7.41% on a $194,500 entry. Equity gained on principal adds $1,255/yr, while 5% annual appreciation builds toward $53,737 over five years. Five-year ROI reaches 104.5% and total cumulative return in cash sums $67,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,201/mo property income rather than buyer’s personal income.
Manufactured
Built in 2009
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42350, Island, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 574 (100%) |
| Owner Occupied HU | 426 (74.2%) |
| Renter Occupied HU | 89 (15.5%) |
| Vacant Housing Units | 59 (10.3%) |
| Median Home Value | $170,082 |
| Average Home Value | $159,859 |
Housing Distribution
Address Breakdown
Residential
548
Single Family
548
Multi-Family
0
Businesses
16
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