286 Red River RdGilbertsvilleKY42044
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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 Gilbertsville at 286 Red River Rd, Gilbertsville, KY, 42044 listed at $300,000 pairs $2,323/mo rent with a $1,468/mo payment to leave $498/mo cash flow. Total monthly income runs $2,323/mo, and annual cash flow reaches $5,970/yr on $99,450 cash to close. Return on cash invested measures 25.91% in year one, and rental yield registers 9.29% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 134.91% and total cumulative return in cash totals $134,172. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,323/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42044, Gilbertsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 1,291 (55.4%) |
| Renter Occupied HU | 244 (10.5%) |
| Vacant Housing Units | 797 (34.2%) |
| Median Home Value | $279,534 |
| Average Home Value | $302,725 |
Housing Distribution
Address Breakdown
Residential
1,778
Single Family
1,778
Multi-Family
0
Businesses
48
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Listed by: Daria Puchkova • Lake Realty & Development Co.
Mls Name: WKRMLS
Mls ID: #130087
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.