1450 Gateway CtCave CityKY42127
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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 Cave City at 1450 Gateway Ct, Cave City, KY, 42127 priced at $239,900 converts $1,312/mo rent into after a $1,174/mo obligation. Total monthly income equals $1,312/mo. Return on cash invested prints 17.68% in year one, and rental yield reads 6.56% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 90.8% and total cumulative return in cash sums $72,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,312/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1997
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42127, Cave City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,920 (100%) |
| Owner Occupied HU | 1,644 (56.3%) |
| Renter Occupied HU | 996 (34.1%) |
| Vacant Housing Units | 280 ( 9.6%) |
| Median Home Value | $174,629 |
| Average Home Value | $220,143 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,745
Multi-Family
0
Businesses
196
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