22 Paradise PointMiltonKY40045
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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 Milton at 22 Paradise Point, Milton, KY, 40045 generates $843/mo in rent and, after a $538/mo payment, leaves $174/mo in cash flow. Total monthly income is $843/mo, and annual cash flow is $2,087/yr on $36,465 invested. Return on cash invested sits at 25.63% in year one, and rental yield is 9.2% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 133.41% and total cumulative return in cash sums $48,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $843/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40045, Milton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,526 (100%) |
| Owner Occupied HU | 963 (63.1%) |
| Renter Occupied HU | 316 (20.7%) |
| Vacant Housing Units | 247 (16.2%) |
| Median Home Value | $233,553 |
| Average Home Value | $296,869 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,334
Multi-Family
18
Businesses
61
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