250 & 300 Hicks Ramsey Rd S,Monticello,KY,42633

Investment Highlights

Investment property for sale in Monticello at 250 & 300 Hicks Ramsey Rd S, Monticello, KY, 42633 listed at $149,900 pairs $1,147/mo rent with a $734/mo payment to leave $234/mo cash flow. Total monthly income runs $1,147/mo, and annual cash flow reaches $2,812/yr on $49,692 cash to close. Return on cash invested measures 25.57% in year one, and rental yield registers 9.18% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 133.13% and total cumulative return in cash totals $66,155. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,147/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).