206 Park St #208FalmouthKY41040
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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
Investment property for sale in Falmouth at 206 Park St #208, Falmouth, KY, 41040 offers a 9.91% rental yield on a $138,000 purchase with $1,140/mo rent. Total monthly income registers $1,140/mo, and a $675/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,607/yr on $45,747 to close, and return on cash invested stands at 27.79% in year one. Equity gained on principal adds $890/yr while 5% annual appreciation supports $38,127 over five years. Portfolio math shows five-year ROI at 145.02% and total cumulative return in cash at $66,342. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $675/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41040, Falmouth, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 2,111 (62.6%) |
| Renter Occupied HU | 808 (24.0%) |
| Vacant Housing Units | 451 (13.4%) |
| Median Home Value | $155,611 |
| Average Home Value | $176,611 |
Housing Distribution
Address Breakdown
Residential
3,082
Single Family
3,012
Multi-Family
70
Businesses
221
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Listed by: Madison Eisenman • Sibcy Cline, REALTORS-CC
Mls Name: NKMLS
Mls Provider:
Mls ID: #624056
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