2955 Sharpe Elva Rd, Calvert City, KY, 42029 | $163/mo Cash Flow

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2955 Sharpe Elva Rd, Calvert City, KY, 42029 | $163/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Calvert City at 2955 Sharpe Elva Rd, Calvert City, KY, 42029 listed at $110,000 pairs $832/mo rent with a $538/mo payment to leave $163/mo cash flow. Total monthly income runs $832/mo, and annual cash flow reaches $1,955/yr on $36,465 cash to close. Return on cash invested measures 25.27% in year one, and rental yield registers 9.08% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 131.43% and total cumulative return in cash totals $47,928. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $832/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2015

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

2 Bedroom, 2 Bathroom Home Just Minutes From Exit 16 On I-24 Offering Over 1,100 Sqft Of Living Space. With Both Front And Back Decks, This Home Welcomes You To Relax Inside And Out. The Open Living, Dining, And Kitchen Areas Create The Perfect Space For Family Meals And Gatherings. The Primary Suite Features A Private Ensuite Bath, While The Second Bedroom And Bath Are Set Apart For Added Privacy. Whether Youre A First-time Buyer Or Looking For An Income-producing Investment, This Property Is Full Of Potential.

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