212 Bakersfield DrCadizKY42211
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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 Cadiz at 212 Bakersfield Dr, Cadiz, KY, 42211 priced at $222,900 converts $1,529/mo rent into $172/mo cash flow after a $1,091/mo obligation. Total monthly income equals $1,529/mo, and annual cash flow totals $2,069/yr on $73,891 invested. Return on cash invested prints 22.71% in year one, and rental yield reads 8.23% against a $222,900 entry. Equity gained on principal adds $1,438/yr, while 5% annual appreciation compiles into $61,583 by year five. Five-year ROI reaches 117.77% and total cumulative return in cash sums $87,022. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,529/mo property income covering a $1,091/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42211, Cadiz, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,329 (100%) |
| Owner Occupied HU | 4,464 (60.9%) |
| Renter Occupied HU | 1,113 (15.2%) |
| Vacant Housing Units | 1,752 (23.9%) |
| Median Home Value | $216,968 |
| Average Home Value | $270,742 |
Housing Distribution
Address Breakdown
Residential
5,796
Single Family
5,760
Multi-Family
36
Businesses
358
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Listed by: Thomas Hughes • Coldwell Banker Service 1st Realty
Mls Name: WKRMLS
Mls ID: #132398
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.