205 Cantrell DrPrincetonKY42445
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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 Princeton at 205 Cantrell Dr, Princeton, KY, 42445 priced at $195,000 converts $1,367/mo rent into $181/mo cash flow after a $954/mo obligation. Total monthly income equals $1,367/mo, and annual cash flow totals $2,167/yr on $64,643 invested. Return on cash invested prints 23.26% in year one, and rental yield reads 8.41% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 120.72% and total cumulative return in cash sums $78,034. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,367/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42445, Princeton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,287 (100%) |
| Owner Occupied HU | 3,373 (63.8%) |
| Renter Occupied HU | 1,243 (23.5%) |
| Vacant Housing Units | 671 (12.7%) |
| Median Home Value | $128,871 |
| Average Home Value | $177,973 |
Housing Distribution
Address Breakdown
Residential
4,812
Single Family
4,733
Multi-Family
79
Businesses
409
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Listed by: Darren Ramey • Farless Realty
Mls Name: WKRMLS
Mls ID: #127184
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.