301 Lindsey StNewportKY41071
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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 Newport at 301 Lindsey St, Newport, KY, 41071 priced at $269,900 converts $2,080/mo rent into $437/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,080/mo, and annual cash flow totals $5,248/yr on $89,472 invested. Return on cash invested prints 25.78% in year one, and rental yield reads 9.25% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 134.19% and total cumulative return in cash sums $120,066. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,080/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Townhouse
Built in 1883
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41071, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,761 (100%) |
| Owner Occupied HU | 4,704 (43.7%) |
| Renter Occupied HU | 4,954 (46.0%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $260,721 |
| Average Home Value | $296,826 |
Housing Distribution
Address Breakdown
Residential
9,864
Single Family
7,027
Multi-Family
2,837
Businesses
682
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