1459 Red Mill RdElizabethtownKY42701
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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
Investment property for sale in Elizabethtown at 1459 Red Mill Rd, Elizabethtown, KY, 42701 at $250,000 posts ROI 27.76% with $542/mo cash flow from $2,064/mo rent. Total monthly income equals $2,064/mo, and annual cash flow records $6,505/yr on $82,875 to close. Return on cash invested measures 27.76% and rental yield reads 9.91% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 144.84% and total cumulative return in cash totals $120,034.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,064/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
1.76 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: The Brantingham Group Team • KELLER WILLIAMS HEARTLAND
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24004249
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.