2031 S Mulberry StElizabethtownKY42701
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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
Rental property for sale in Elizabethtown at 2031 S Mulberry St, Elizabethtown, KY, 42701 generates $955/mo in rent and, after a $604/mo payment, leaves $204/mo in cash flow. Total monthly income is $955/mo, and annual cash flow is $2,447/yr on $40,926 invested. Return on cash invested sits at 25.89% in year one, and rental yield is 9.28% on a $123,456 entry. Equity gained on principal adds $797/yr, while 5% annual appreciation builds toward $34,109 over five years. Five-year ROI reaches 134.76% and total cumulative return in cash sums $55,152. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $955/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42701, Elizabethtown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,939 (100%) |
| Owner Occupied HU | 14,459 (58.0%) |
| Renter Occupied HU | 8,441 (33.8%) |
| Vacant Housing Units | 2,039 ( 8.2%) |
| Median Home Value | $285,806 |
| Average Home Value | $315,613 |
Housing Distribution
Address Breakdown
Residential
23,162
Single Family
22,694
Multi-Family
468
Businesses
1,879
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Listed by: Edward Durnil • Tranzon Asset Advisors
Mls Name: My State MLS
Mls ID: #11481582