2021 Blue Hole RdElktonKY42220
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 Elkton at 2021 Blue Hole Rd, Elkton, KY, 42220 priced at $184,000 pairs $1,676/mo rent with $556/mo cash flow after a $901/mo payment. Total monthly income equals $1,676/mo, and annual cash flow comes to $6,669/yr on $60,996 invested. Return on cash invested is 30.84% in year one, and rental yield stands at 10.93% on a $184,000 basis. Equity gained on principal adds $1,187/yr, and 5% annual appreciation accumulates to $50,836 by year five. Five-year ROI measures 161.34% and total cumulative return in cash reaches $98,413. For financing, Ziffy Mortgage’s DSCR program evaluates $1,676/mo property income against a $901/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1897
3.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
