15 Little Lick FrkEast PointKY41216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 East Point at 15 Little Lick Frk, East Point, KY, 41216 priced at $203,000 pairs $1,751/mo rent with $515/mo cash flow after a $994/mo payment. Total monthly income equals $1,751/mo, and annual cash flow comes to $6,181/yr on $67,295 invested. Return on cash invested is 29.09% in year one, and rental yield stands at 10.35% on a $203,000 basis. Equity gained on principal adds $1,310/yr, and 5% annual appreciation accumulates to $56,085 by year five. Five-year ROI measures 152.02% and total cumulative return in cash reaches $102,302. For financing, Ziffy Mortgage’s DSCR program evaluates $1,751/mo property income against a $994/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41216, East Point, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 404 (69.5%) |
| Renter Occupied HU | 103 (17.7%) |
| Vacant Housing Units | 74 (12.7%) |
| Median Home Value | $183,974 |
| Average Home Value | $206,200 |
Housing Distribution
Address Breakdown
Residential
508
Single Family
508
Multi-Family
0
Businesses
3
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Listed by: Alison Lafferty • Destination Realty, LLC
Mls Name: My State MLS
Mls ID: #11491113