16230 Bowling DrCatlettsburgKY41129
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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 Catlettsburg at 16230 Bowling Dr, Catlettsburg, KY, 41129 earns $346/mo cash flow from $1,740/mo rent with a $1,121/mo payment. Total monthly income totals $1,740/mo, and annual cash flow totals $4,153/yr on $75,914 capital. ROI tracks 25.38% on current figures, and rental yield reads 9.12% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 132.11% and total cumulative return in cash sums $100,289. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.
Single Family
Built in N/A
2.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41129, Catlettsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,176 (100%) |
| Owner Occupied HU | 2,953 (70.7%) |
| Renter Occupied HU | 722 (17.3%) |
| Vacant Housing Units | 501 (12.0%) |
| Median Home Value | $178,027 |
| Average Home Value | $224,248 |
Housing Distribution
Address Breakdown
Residential
3,831
Single Family
3,731
Multi-Family
100
Businesses
224
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Listed by: JOHNDA L MCGUIRE • CENTURY 21 Excellence Realty
Mls Name: AABR
Mls ID: #60047