206 Grimes Ln, Carrollton, KY, 41008 | $33/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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206 Grimes Ln, Carrollton, KY, 41008 | $33/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Carrollton at 206 Grimes Ln, Carrollton, KY, 41008 priced at $199,900 pairs $1,249/mo rent with $33/mo cash flow after a $978/mo payment. Total monthly income equals $1,249/mo, and annual cash flow comes to $393/yr on $66,267 invested. Return on cash invested is 20.5% in year one, and rental yield stands at 7.5% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 105.9% and total cumulative return in cash reaches $70,177. For financing, Ziffy Mortgage’s DSCR program evaluates $1,249/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1975

0.48 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this inviting 2-bedroom, 1-bath, located in Carrollton, KY. Perfect for first-time buyers or those looking to downsize, this cozy property offers comfort, convenience, and character. Step inside to find a bright living space filled with natural light and an easy-flow floor plan. The kitchen provides ample cabinet space and room for dining. Both bedrooms are nicely sized, offering comfort and flexibility for guests, a home office, or a nursery. Outside, you'll enjoy a 1-car garage for secure parking or extra storage, and deck with sun shading, along with a spacious yard perfect for gardening or relaxing outdoors. Conveniently located near local shops, schools, and restaurants, this home blends small-town charm with everyday practicality. Don't miss this opportunity to own an affordable, move-in-ready home in a Carrollton neighborhood!

Neighborhood Data

Neighborhood data shown for ZIP Code: 41008, Carrollton, KY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,272 (100%)
Owner Occupied HU	1,716 (52.4%)
Renter Occupied HU	1,221 (37.3%)
Vacant Housing Units	335 (10.2%)
Median Home Value	$172,917
Average Home Value	$209,486