2888 Calvert City RdCalvert CityKY42029
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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 Calvert City at 2888 Calvert City Rd, Calvert City, KY, 42029 uses $91,163 cash to close to unlock $9,579/yr annual cash flow and $798/mo monthly cash flow. Total monthly income runs $2,472/mo, and a $1,346/mo payment keeps the spread at $798/mo. Purchase price stands at $275,000, and rental yield measures 10.79% with $2,472/mo rent. Return on cash invested shows 30.42% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 159.1% and total cumulative return in cash records $145,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,472/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42029, Calvert City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,067 (100%) |
| Owner Occupied HU | 2,036 (66.4%) |
| Renter Occupied HU | 485 (15.8%) |
| Vacant Housing Units | 546 (17.8%) |
| Median Home Value | $210,231 |
| Average Home Value | $245,817 |
Housing Distribution
Address Breakdown
Residential
2,646
Single Family
2,646
Multi-Family
0
Businesses
267
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Listed by: Brian Sheehan • Benchmark Realty
Mls Name: WKRMLS
Mls ID: #133172