2 Lighthouse Rd,Monticello,KY,42633

Investment Highlights

Investment property for sale in Monticello at 2 Lighthouse Rd, Monticello, KY, 42633 uses $72,599 cash to close to unlock $3,432/yr annual cash flow and $286/mo monthly cash flow. Total monthly income runs $1,619/mo, and a $1,072/mo payment keeps the spread at $286/mo. Purchase price stands at $219,000, and rental yield measures 8.87% with $1,619/mo rent. Return on cash invested shows 24.64% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 128.13% and total cumulative return in cash records $93,021. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,619/mo property income covering a $1,072/mo payment rather than investor’s personal income.