218 N 6th StCentral CityKY42330
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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
Investment property for sale in Central City at 218 N 6th St, Central City, KY, 42330 earns $490/mo cash flow from $1,495/mo rent with a $808/mo payment. Total monthly income totals $1,495/mo, and annual cash flow totals $5,884/yr on $54,698 capital. ROI tracks 30.67% on current figures, and rental yield reads 10.87% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 160.46% and total cumulative return in cash sums $87,767. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,495/mo property income instead of your personal income.
Single Family
Built in N/A
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42330, Central City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,988 (100%) |
| Owner Occupied HU | 2,487 (62.4%) |
| Renter Occupied HU | 1,072 (26.9%) |
| Vacant Housing Units | 429 (10.8%) |
| Median Home Value | $141,516 |
| Average Home Value | $184,295 |
Housing Distribution
Address Breakdown
Residential
3,680
Single Family
3,641
Multi-Family
39
Businesses
323
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Listed by: Tonya Beadnell • Wright Choice of Kentucky Realty & Auction
Mls Name: My State MLS
Mls ID: #11544620