1674 Clay Cole RdElktonKY42220
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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 Elkton at 1674 Clay Cole Rd, Elkton, KY, 42220 earns $544/mo cash flow from $1,974/mo rent with a $1,150/mo payment. Total monthly income totals $1,974/mo, and annual cash flow totals $6,529/yr on $77,869 capital. ROI tracks 28.29% on current figures, and rental yield reads 10.08% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 147.74% and total cumulative return in cash sums $115,041. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,974/mo property income instead of your personal income.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42220, Elkton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,784 (100%) |
| Owner Occupied HU | 1,850 (66.5%) |
| Renter Occupied HU | 593 (21.3%) |
| Vacant Housing Units | 341 (12.2%) |
| Median Home Value | $171,525 |
| Average Home Value | $183,912 |
Housing Distribution
Address Breakdown
Residential
2,547
Single Family
2,547
Multi-Family
0
Businesses
194
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Listed by: Mark A Douglas • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20246075
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.