246 Driftwood 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
Investment property for sale in Cadiz at 246 Driftwood Dr, Cadiz, KY, 42211 earns $884/mo cash flow from $2,110/mo rent with a $986/mo payment. Total monthly income totals $2,110/mo, and annual cash flow totals $10,607/yr on $66,797 capital. ROI tracks 35.79% on current figures, and rental yield reads 12.57% at a $201,500 purchase. Equity gained on principal adds $1,300/yr, and 5% annual appreciation supports $55,671 over five years. Five-year ROI reaches 187.84% and total cumulative return in cash sums $125,471. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,110/mo property income instead of your personal income.
Single Family
Built in 2004
0.78 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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