299 Mercer DrMonticelloKY42633
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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
Rental property for sale in Monticello at 299 Mercer Dr, Monticello, KY, 42633 generates $1,650/mo in rent and, after a $978/mo payment, leaves $434/mo in cash flow. Total monthly income is $1,650/mo, and annual cash flow is $5,205/yr on $66,267 invested. Return on cash invested sits at 27.76% in year one, and rental yield is 9.9% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 144.83% and total cumulative return in cash sums $95,977. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,650/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.42 Acres lot
$N/A/sqft
No HOA
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Listed by: The Millie Weaver Team - Millie Weaver • Keller Williams Bluegrass Realty - Lake Cumberland
Mls Name: Imagine MLS
Mls ID: #25016446