216 Miles PassElizabethtownKY42701
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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 216 Miles Pass, Elizabethtown, KY, 42701 priced at $311,040 pairs $2,999/mo rent with $1,106/mo cash flow after a $1,522/mo payment. Total monthly income equals $2,999/mo, and annual cash flow comes to $13,276/yr on $103,110 invested. Return on cash invested is 32.78% in year one, and rental yield stands at 11.57% on a $311,040 basis. Equity gained on principal adds $2,007/yr, and 5% annual appreciation accumulates to $85,935 by year five. Five-year ROI measures 171.78% and total cumulative return in cash reaches $177,118. For financing, Ziffy Mortgage’s DSCR program evaluates $2,999/mo property income against a $1,522/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
4,791 sqft 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: Alexander A Hencheck • H M S REAL ESTATE
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25002625
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.