231 Sunset DrClay CityKY40312
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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 Clay City at 231 Sunset Dr, Clay City, KY, 40312 generates $1,057/mo in rent and, after a $697/mo payment, leaves $190/mo in cash flow. Total monthly income is $1,057/mo, and annual cash flow is $2,282/yr on $47,239 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 8.9% on a $142,500 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 128.7% and total cumulative return in cash sums $60,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,057/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40312, Clay City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,577 (100%) |
| Owner Occupied HU | 1,670 (64.8%) |
| Renter Occupied HU | 644 (25.0%) |
| Vacant Housing Units | 263 (10.2%) |
| Median Home Value | $178,030 |
| Average Home Value | $208,909 |
Housing Distribution
Address Breakdown
Residential
2,313
Single Family
2,313
Multi-Family
0
Businesses
109
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